Short Interest in Tokuyama Corporation (OTCMKTS:TKYMY) Expands By 500.0%

Tokuyama Corporation (OTCMKTS:TKYMY) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totalling 600 shares, an increase of 500.0% from the June 30th total of 100 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 3.0 days. Approximately 0.0% of the company’s stock are sold short.

Tokuyama Stock Performance

Shares of TKYMY stock opened at $10.80 on Thursday. The company’s fifty day simple moving average is $8.69 and its 200-day simple moving average is $8.45. The company has a quick ratio of 1.81, a current ratio of 2.57 and a debt-to-equity ratio of 0.36. The firm has a market cap of $1.56 billion, a PE ratio of 11.13 and a beta of 0.13. Tokuyama has a 12 month low of $7.60 and a 12 month high of $10.80.

About Tokuyama

Tokuyama Corporation produces and sells various chemical products in Japan. The company operates through six segments: Chemicals, Cement, Electronics and Advanced Materials, Life Science, Eco Business, and Others. The Chemicals segment offers caustic soda, soda ash, calcium chloride, sodium silicate cullet, sodium bicarbonate, purified, vinyl chloride monomer, polyvinyl chloride resin, propylene oxide, methylene chloride, and chloroform.