Arkema S.A. (OTCMKTS:ARKAY) Short Interest Up 1,025.0% in April

Arkema S.A. (OTCMKTS:ARKAY) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 4,500 shares, a growth of 1,025.0% from the March 31st total of 400 shares. Based on an average trading volume of 80,400 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein started coverage on Arkema in a research note on Thursday. They set an “underperform” rating for the company.

Arkema Trading Up 1.6 %

Shares of OTCMKTS:ARKAY opened at $75.43 on Friday. The company has a current ratio of 2.11, a quick ratio of 1.54 and a debt-to-equity ratio of 0.48. Arkema has a 12-month low of $64.94 and a 12-month high of $111.13. The business has a 50 day moving average of $78.97 and a two-hundred day moving average of $80.44. The company has a market capitalization of $5.74 billion, a PE ratio of 15.09, a PEG ratio of 0.53 and a beta of 1.18.

Arkema Company Profile

Arkema SA manufactures and sells specialty chemicals and advanced materials worldwide. The company operates in three segments: Adhesive Solutions, Advanced Materials and Coating Solutions, and Intermediates. The Adhesive Solutions segment provides solutions for construction, renovation of buildings, DIY, durable goods, and packaging and non-woven applications; and supplies technologies used in building activities for businesses and individuals, including sealants, tiles, flooring adhesives and waterproofing systems, and technologies used in industry, which include automotive, textiles, glazing, flexible and rigid packaging, and hygiene markets.