A Reversal for UBE INDS LTD ORD ORDINARY SHARES (OTCMKTS:UBEOF) Is Near. The Stock Has Decrease in Shorts

March 14, 2018 - By Maria Brooks

The stock of UBE INDS LTD ORD ORDINARY SHARES (OTCMKTS:UBEOF) registered a decrease of 38.88% in short interest. UBEOF’s total short interest was 257,600 shares in March as published by FINRA. Its down 38.88% from 421,500 shares, reported previously.

It closed at $28.25 lastly. It is down 0.00% since March 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Ube Industries, Ltd., together with its subsidiaries, engages in chemicals, pharmaceuticals, cement and construction materials, machinery, and energy and environment businesses. The company has market cap of $2.98 billion. The Company’s Chemicals segment offers synthetic rubber, engineering plastics, caprolactam and nylon, industrial chemicals, liquefied gas, polyethylene, ammonium sulfate, polyimide, battery materials, telecommunication parts, separation membranes, fine chemicals, ceramics, phosphor, aerospace materials, inorganic fiber, and high temperature paints. It has a 8.91 P/E ratio. The company's Pharmaceutical segment provides contract manufacturing services for APIs and intermediates; FLUOLEAD, a novel nucleophilic fluorinating agent; and drug discovery and pipeline services.

More news for Ube Industries, Ltd. (OTCMKTS:UBEOF) were recently published by: Cnbc.com, which released: “Kobe Steel CEO to quit over data fraud scandal” on March 06, 2018. Reuters.com‘s article titled: “CORRECTED-Japan’s Ube Industries says failed to properly inspect products” and published on February 24, 2018 is yet another important article.

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