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

UBE Co. (OTCMKTS:UBEOF) saw a large decline in short interest during the month of May. As of May 31st, there was short interest totalling 186,000 shares, a decline of 31.9% from the May 15th total of 273,300 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

UBE Stock Performance

Shares of OTCMKTS UBEOF opened at $15.55 on Wednesday. The firm’s fifty day moving average is $15.55 and its two-hundred day moving average is $16.31. UBE has a 52-week low of $15.55 and a 52-week 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.