UBE Co. (OTCMKTS:UBEOF) Short Interest Up 56.8% in October

UBE Co. (OTCMKTS:UBEOF) was the target of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 48,300 shares, a growth of 56.8% from the October 15th total of 30,800 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 483.0 days.

UBE Stock Performance

Shares of OTCMKTS UBEOF opened at $17.46 on Friday. The business’s fifty day simple moving average is $17.46 and its 200-day simple moving average is $17.66. UBE has a 12-month low of $17.45 and a 12-month 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.