Kureha Co. (OTCMKTS:KURCF) Short Interest Down 35.1% in May

Kureha Co. (OTCMKTS:KURCF) was the target of a large decline in short interest in May. As of May 31st, there was short interest totalling 84,000 shares, a decline of 35.1% from the May 15th total of 129,400 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Kureha Price Performance

Shares of Kureha stock remained flat at $7.17 during mid-day trading on Friday. Kureha has a 1 year low of $21.52 and a 1 year high of $21.52. The company has a fifty day simple moving average of $7.46 and a 200-day simple moving average of $9.46.

Kureha Company Profile

Kureha Corporation manufactures and sells functional materials, specialty chemicals, and plastics in Japan and internationally. It operates through five segments: Advanced Materials, Specialty Chemicals, Specialty Plastics, Construction, and Other Operations. The Advanced Materials segment offers polyphenylene sulfide, polyvinylidene fluoride (PVDF), processed polyglycolic acid products, carbon fiber, and bead-shaped activated carbon products.