Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECY) Short Interest Down 97.2% in February

Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECY) was the target of a significant decline in short interest in February. As of February 28th, there was short interest totalling 5,900 shares, a decline of 97.2% from the February 13th total of 211,000 shares. Based on an average daily volume of 1,062,800 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Shin-Etsu Chemical Trading Down 0.7 %

SHECY stock traded down $0.10 during trading on Friday, reaching $14.95. The stock had a trading volume of 472,335 shares, compared to its average volume of 672,742. The firm has a fifty day moving average price of $15.69 and a 200 day moving average price of $17.91. The company has a market capitalization of $59.35 billion, a P/E ratio of 16.61 and a beta of 1.27. Shin-Etsu Chemical has a 1-year low of $14.40 and a 1-year high of $23.23.

Shin-Etsu Chemical (OTCMKTS:SHECY) last issued its quarterly earnings results on Wednesday, January 29th. The basic materials company reported $0.22 EPS for the quarter. Shin-Etsu Chemical had a return on equity of 11.27% and a net margin of 21.64%. Sell-side analysts predict that Shin-Etsu Chemical will post 0.86 EPS for the current year.

Shin-Etsu Chemical Company Profile

Shin-Etsu Chemical Co, Ltd. provides infrastructure, electronics, and functional materials in Japan. It is also involved in processing and specialized related services. The company operates through Infrastructure Materials; Electronics Materials; Functional Materials; and Processing and Specialized Services segments.