UBE Co. (OTCMKTS:UBEOF) Sees Significant Increase in Short Interest

UBE Co. (OTCMKTS:UBEOF) saw a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 199,700 shares, an increase of 38.7% from the January 31st total of 144,000 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

UBE Price Performance

Shares of OTCMKTS UBEOF remained flat at $15.55 during midday trading on Wednesday. The company’s 50-day simple moving average is $17.08 and its two-hundred day simple moving average is $17.33. UBE has a 52 week low of $15.55 and a 52 week high of $19.24.

UBE Company Profile

UBE Corporation, together with its subsidiaries, engages in the chemicals, construction materials, and machinery businesses in Japan, North America, Europe, Africa, the Middle East, Thailand, India, Latin America, and internationally. It offers synthetic rubber, engineering plastics, caprolactam, industrial chemicals, liquefied gas, polyethylene, ammonium sulfate, polyimide, battery materials, separation membranes, fine chemicals, ceramics, high purity chemicals, semiconductor gas products, and products for polyurethane resins.