Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECY) Short Interest Update

Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECY) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totalling 26,800 shares, a growth of 1,065.2% from the December 31st total of 2,300 shares. Based on an average daily trading volume, of 1,037,700 shares, the short-interest ratio is presently 0.0 days.

Shin-Etsu Chemical Trading Down 5.6 %

Shares of SHECY traded down $0.93 during trading hours on Wednesday, reaching $15.66. The stock had a trading volume of 348,332 shares, compared to its average volume of 750,391. Shin-Etsu Chemical has a 12 month low of $15.14 and a 12 month high of $23.23. The firm has a 50-day simple moving average of $17.12 and a 200 day simple moving average of $19.15. The company has a market capitalization of $62.17 billion, a price-to-earnings ratio of 18.42 and a beta of 1.24.

Shin-Etsu Chemical (OTCMKTS:SHECY) last issued its earnings results on Wednesday, January 29th. The basic materials company reported $0.22 earnings per share (EPS) for the quarter. Shin-Etsu Chemical had a return on equity of 11.12% and a net margin of 20.59%. On average, equities analysts forecast that Shin-Etsu Chemical will post 0.92 EPS for the current year.

Shin-Etsu Chemical Company Profile

Shin-Etsu Chemical Co, Ltd. provides infrastructure, electronics, and functional materials in Japan. It is also involved in processing and specialized related services. The company operates through Infrastructure Materials; Electronics Materials; Functional Materials; and Processing and Specialized Services segments.