Sekisui Chemical Co., Ltd. (OTCMKTS:SKSUY) Sees Significant Increase in Short Interest

Sekisui Chemical Co., Ltd. (OTCMKTS:SKSUY) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 657 shares, an increase of 353.1% from the May 14th total of 145 shares. Based on an average daily trading volume, of 254 shares, the days-to-cover ratio is currently 2.6 days.

Sekisui Chemical Price Performance

SKSUY remained flat at $71.44 during midday trading on Thursday. The company’s stock had a trading volume of 98 shares, compared to its average volume of 626. The company’s 50-day moving average is $81.84 and its two-hundred day moving average is $84.73. Sekisui Chemical has a 1-year low of $71.44 and a 1-year high of $97.95.

Sekisui Chemical Company Profile

Sekisui Chemical Co, Ltd. is a diversified Japanese chemical company headquartered in Osaka, Japan. Founded in 1947, the firm has grown into a global manufacturer of advanced polymer products, building materials, medical devices and environmental solutions. Through a network of subsidiaries and affiliates, Sekisui Chemical serves customers in Japan, North America, Europe and across Asia.

In its Housing segment, the company develops and supplies prefabricated housing systems, exterior and interior building materials, as well as renovation and facility management services.