UBE Co. (OTCMKTS:UBEOF) Short Interest Down 35.0% in May

UBE Co. (OTCMKTS:UBEOFGet Free Report) saw a large drop in short interest in May. As of May 29th, there was short interest totaling 428,051 shares, a drop of 35.0% from the May 14th total of 658,099 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

UBE Stock Performance

UBEOF stock opened at $15.29 on Thursday. The firm has a 50 day moving average of $15.28 and a 200 day moving average of $15.29. UBE has a 52 week low of $15.29 and a 52 week high of $15.55.

About UBE

(Get Free Report)

UBE Industries, Ltd. is a diversified Japanese manufacturer with operations spanning chemicals, plastics, cement, machinery, energy and environment, and pharmaceuticals. The company produces a wide range of chemical and polymer products, including caprolactam, synthetic rubber, polyimide carbon fiber and various performance resins. In its cement segment, UBE manufactures and sells cement, ready‐mixed concrete and construction materials, while its machinery division designs and builds industrial machinery for chemical processing, environmental management and agricultural applications.

In the pharmaceutical arena, UBE develops and markets both active pharmaceutical ingredients (APIs) and finished dosage forms, focusing on therapies such as muscle relaxants and anti‐viral agents.

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