Arkema SA (OTCMKTS:ARKAY) Short Interest Up 86.2% in March

Arkema SA (OTCMKTS:ARKAY) was the target of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 108 shares, an increase of 86.2% from the February 26th total of 58 shares. Based on an average daily volume of 6,988 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Analyst Ratings Changes

Several equities analysts have weighed in on ARKAY shares. The Goldman Sachs Group raised Arkema from a “hold” rating to a “buy” rating in a research note on Tuesday, February 10th. Kepler Capital Markets lowered Arkema from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 27th. Finally, Zacks Research cut Arkema from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 6th. Two analysts have rated the stock with a Buy rating, three have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce”.

Arkema Price Performance

Shares of ARKAY stock opened at $64.85 on Friday. The company has a quick ratio of 2.26, a current ratio of 2.13 and a debt-to-equity ratio of 0.54. Arkema has a 12-month low of $56.28 and a 12-month high of $79.68. The firm has a fifty day moving average of $65.79 and a 200-day moving average of $62.96. The firm has a market capitalization of $4.93 billion, a price-to-earnings ratio of 74.54, a price-to-earnings-growth ratio of 1.56 and a beta of 0.87.

About Arkema

Arkema SA is a global specialty chemicals and advanced materials company headquartered in Colombes, France. Established in 2004 as a spin-off from Total’s chemicals division, the company offers a broad portfolio of high-performance materials designed to improve durability, thermal and chemical resistance, and environmental performance across diverse industries.

Arkema’s operations are organized into four core segments. Adhesive Solutions delivers bonding, sealing, and coating technologies for markets such as packaging, medical devices, and consumer goods.