What Will Happen to ARKEMA ORDINARY SHARES FRANCE (OTCMKTS:ARKAF) Next? The Stock Has Decline in Shorts

June 18, 2018 - By Vivian Park

Arkema S.A. (OTCMKTS:ARKAF) Logo

The stock of ARKEMA ORDINARY SHARES FRANCE (OTCMKTS:ARKAF) registered a decrease of 93.29% in short interest. ARKAF’s total short interest was 3,100 shares in June as published by FINRA. Its down 93.29% from 46,200 shares, reported previously. With 100 shares average volume, it will take short sellers 31 days to cover their ARKAF’s short positions.

It closed at $131.9819 lastly. It is down 0.00% since June 18, 2017 and is . It has underperformed by 12.57% the S&P500.

Arkema S.A. produces and sells chemical products worldwide. The company has market cap of $9.33 billion. The Company’s High Performance Materials segment offers adhesives and sealants for industry, hygiene, construction, and consumer products; and specialty polyamides for automotive, aerospace, aeronautics, gas and oil, electronics, and consumer goods, as well as polyvinylidene fluoride for chemical engineering, paints and anti-corrosive coatings, gas and oil extraction, photovoltaic panels, lithium-ion batteries, and water treatment membranes. It has a 14.61 P/E ratio. This segment also provides filtration and adsorption products; organic peroxides used as polymerization initiators for polyethylene, polyvinyl chloride, polystyrene, and crosslinking agents; glass coating additives; and photocure resins for metal, plastic and wood coatings, optics, graphic arts, and electronics.

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