April 17, 2018 - By Nellie Frank

Asahi Kasei Corporation (OTCMKTS:AHKSF) Logo

The stock of ASAHI KAISAI CORPORATION ORDINARY SHARES (OTCMKTS:AHKSF) registered an increase of 14.97% in short interest. AHKSF’s total short interest was 820,400 shares in April as published by FINRA. Its up 14.97% from 713,600 shares, reported previously. With 76,200 shares average volume, it will take short sellers 11 days to cover their AHKSF’s short positions. The short interest to ASAHI KAISAI CORPORATION ORDINARY SHARES’s float is 0.06%.

The stock increased 1.90% or $0.25 during the last trading session, reaching $13.4. About 245 shares traded. Asahi Kasei Corporation (OTCMKTS:AHKSF) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Asahi Kasei Corporation primarily manufactures, processes, and sells chemical products in Japan and internationally. The company has market cap of $19.45 billion. The firm offers nitric acid, caustic soda, acrylonitrile, styrene, methyl methacrylate, acrylic resins, polyethylene, and polystyrene; styrene-acrylonitrile, acrylonitrile-butadiene-styrene, polyacetal, modified polyphenylene ether, adipic acid, polyamides, and synthetic rubber; and coating materials, latex, microcrystalline cellulose, explosives, explosion-bonded metal clad, UF and MF membranes and systems, ion-exchange membranes and electrolysis systems, cling films, storage bags, plastic films and sheets, and plastic foams. It has a 12.08 P/E ratio. It is also involved in the construction of unit homes and apartments; management of rental units, condominiums, and housing developments; brokerage of used homes; remodeling; and mortgage financing, etc.

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