Kurita Water Industries Ltd. (OTCMKTS:KTWIY) Sees Significant Increase in Short Interest

Kurita Water Industries Ltd. (OTCMKTS:KTWIYGet Free Report) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 503 shares, an increase of 413.3% from the April 15th total of 98 shares. Based on an average daily volume of 672 shares, the days-to-cover ratio is currently 0.7 days.

Kurita Water Industries Stock Performance

Shares of KTWIY stock traded up C$9.79 during mid-day trading on Thursday, reaching C$113.23. The company’s stock had a trading volume of 1,212 shares, compared to its average volume of 480. The company’s 50 day simple moving average is C$99.36 and its 200-day simple moving average is C$92.17. Kurita Water Industries has a 12-month low of C$64.91 and a 12-month high of C$113.65.

About Kurita Water Industries

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Kurita Water Industries Ltd. is a Japan-based provider of water treatment solutions and technical services for industrial and municipal customers. Established in 1949 and headquartered in Tokyo, the company specializes in chemical products and engineered systems designed to optimize water quality, conserve resources and comply with environmental regulations. Its core offerings include water treatment chemicals for boiler water, cooling water, wastewater and ultrapure water applications, as well as membrane separation modules and specialty process chemicals for diverse manufacturing processes.

In addition to its chemical portfolio, Kurita Water Industries designs, constructs and maintains a wide range of water treatment facilities and equipment.

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