Short Interest in Asahi Glass Co. Ltd. (OTCMKTS:ASGLY) Expands By 533.3%

Asahi Glass Co. Ltd. (OTCMKTS:ASGLY) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 1,900 shares, a growth of 533.3% from the September 30th total of 300 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 4,500 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 4,500 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s shares are short sold.

Asahi Glass Price Performance

OTCMKTS:ASGLY opened at $6.65 on Wednesday. The firm has a market capitalization of $7.23 billion, a price-to-earnings ratio of 30.23 and a beta of 0.42. Asahi Glass has a 1 year low of $5.21 and a 1 year high of $6.76. The business has a 50 day simple moving average of $6.42 and a 200-day simple moving average of $6.06. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.33 and a quick ratio of 0.70.

Asahi Glass (OTCMKTS:ASGLY) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.05 earnings per share (EPS) for the quarter. The business had revenue of $3.43 billion during the quarter. Asahi Glass had a return on equity of 2.12% and a net margin of 1.67%.

Asahi Glass Company Profile

AGC Inc manufactures and sells glass, automotive, electronics, chemicals, and ceramics worldwide. The company offers architectural glass products, including laminated, insulating, wired, solar control, toughened, decorative, sound insulation, float and patterned, and industrial glasses; structural glazing systems; and automotive glass, such as laminated, tempered, and privacy glasses, as well as integrated glass antennas and module assembly windows.