Today ASAHI KAISAI CORPORATION ORDINARY SHARES (OTCMKTS:AHKSF) Reported Decrease in Shorted Shares

June 17, 2018 - By Ellis Scott

Asahi Kasei Corporation (OTCMKTS:AHKSF) Logo

The stock of ASAHI KAISAI CORPORATION ORDINARY SHARES (OTCMKTS:AHKSF) registered a decrease of 7.17% in short interest. AHKSF’s total short interest was 1.46 million shares in June as published by FINRA. Its down 7.17% from 1.57 million shares, reported previously. With 600 shares average volume, it will take short sellers 2429 days to cover their AHKSF’s short positions. The short interest to ASAHI KAISAI CORPORATION ORDINARY SHARES’s float is 0.11%.

It closed at $13.7 lastly. It is down 0.00% since June 17, 2017 and is . It has underperformed by 12.57% the S&P500.

Asahi Kasei Corporation primarily manufactures, processes, and sells chemical products in Japan and internationally. The company has market cap of $18.72 billion. The firm offers nitric acid, caustic soda, acrylonitrile, styrene, methyl methacrylate, acrylic resins, polyethylene, and polystyrene; styrene-acrylonitrile, acrylonitrile-butadiene-styrene, polyacetal, modified polyphenylene ether, adipic acid, polyamides, and synthetic rubber; and coating materials, latex, microcrystalline cellulose, explosives, explosion-bonded metal clad, UF and MF membranes and systems, ion-exchange membranes and electrolysis systems, cling films, storage bags, plastic films and sheets, and plastic foams. It has a 12.43 P/E ratio. It is also involved in the construction of unit homes and apartments; management of rental units, condominiums, and housing developments; brokerage of used homes; remodeling; and mortgage financing, etc.

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