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

UBE Co. (OTCMKTS:UBEOF) was the recipient of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 48,300 shares, an increase of 56.8% from the October 15th total of 30,800 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 483.0 days.

UBE Price Performance

Shares of OTCMKTS UBEOF opened at $17.46 on Friday. UBE has a twelve month low of $17.45 and a twelve month high of $19.24. The stock has a fifty day simple moving average of $17.46 and a 200-day simple moving average of $17.66.

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.