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

UBE Co. (OTCMKTS:UBEOF) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 30,800 shares, a decline of 46.6% from the September 30th total of 57,700 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

UBE Price Performance

Shares of UBEOF stock remained flat at $17.46 during trading hours on Friday. The firm has a 50-day moving average price of $17.46 and a 200 day moving average price of $17.66. UBE has a 1 year low of $17.45 and a 1 year high of $19.24.

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.