UBE Co. (OTCMKTS:UBEOF) Sees Large Decline in Short Interest

UBE Co. (OTCMKTS:UBEOF) was the recipient of a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 19,300 shares, a decline of 48.0% from the March 31st total of 37,100 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 193.0 days.

UBE Stock Performance

Shares of UBE stock remained flat at $17.45 on Friday. UBE has a 1 year low of $17.45 and a 1 year high of $17.45. The company has a 50 day simple moving average of $16.97 and a 200-day simple moving average of $16.10.

About UBE

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.