Sekisui Chemical Co., Ltd. (OTCMKTS:SKSUY) Sees Significant Growth in Short Interest

Sekisui Chemical Co., Ltd. (OTCMKTS:SKSUY) was the target of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 190 shares, a growth of 251.9% from the October 15th total of 54 shares. Based on an average daily trading volume, of 380 shares, the days-to-cover ratio is presently 0.5 days.

Sekisui Chemical Stock Performance

OTCMKTS:SKSUY traded up $4.13 on Friday, hitting $84.65. 3,400 shares of the stock were exchanged, compared to its average volume of 618. Sekisui Chemical has a 52 week low of $71.44 and a 52 week high of $96.64. The company’s 50-day moving average price is $80.46 and its 200 day moving average price is $82.39.

Sekisui Chemical Company Profile

Sekisui Chemical Co., Ltd. is a Japanese diversified manufacturer and housing company headquartered in Osaka, Japan. Established in 1947, the company is best known for developing and supplying prefabricated residential buildings, including its unit-home systems, as well as housing renovation, real estate and related residential services. Through its Urban Infrastructure & Environmental Systems business, Sekisui Chemical produces products used in public works, utilities and construction. These include plastic and composite piping systems, water and sewage treatment equipment, infrastructure materials, and other solutions for managing water, energy and the environment.