Shin-Etsu Chemical Co. (OTCMKTS:SHECY) Short Interest Update

Shin-Etsu Chemical Co. (OTCMKTS:SHECY) was the target of a significant drop in short interest in August. As of August 14th, there was short interest totaling 61,126 shares, a drop of 51.9% from the July 30th total of 127,105 shares. Based on an average trading volume of 623,185 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Shin-Etsu Chemical Price Performance

Shares of OTCMKTS:SHECY opened at $18.58 on Friday. Shin-Etsu Chemical has a 12 month low of $13.64 and a 12 month high of $24.74. The stock has a market cap of $73.76 billion, a price-to-earnings ratio of 22.39 and a beta of 1.34. The stock’s 50 day moving average price is $20.50 and its 200 day moving average price is $20.84. The company has a debt-to-equity ratio of 0.05, a current ratio of 6.09 and a quick ratio of 4.60.

Shin-Etsu Chemical (OTCMKTS:SHECY) last released its earnings results on Friday, July 24th. The basic materials company reported $0.22 earnings per share for the quarter. Shin-Etsu Chemical had a return on equity of 10.49% and a net margin of 18.39%.The firm had revenue of $4.16 billion during the quarter. Shin-Etsu Chemical has set its FY 2027 guidance at 0.450-0.450 EPS. Equities research analysts anticipate that Shin-Etsu Chemical will post 0.88 earnings per share for the current fiscal year.

About Shin-Etsu Chemical

Shin-Etsu Chemical is a large Japanese chemical company that manufactures a broad range of basic and specialty chemical products for industrial and technology customers. The company is known for production of polyvinyl chloride (PVC) and related vinyl products, silicones and silicone-based compounds, and high-purity silicon materials used in semiconductor and photovoltaic industries. Its product mix spans commodity chemicals for construction and plumbing as well as higher-margin specialty materials for electronics and precision manufacturing.

Key product lines include PVC resins and compounds for infrastructure and building applications; silicones and silicone elastomers used across automotive, healthcare and consumer markets; and semiconductor-grade silicon and silicon wafers that supply chipmakers and solar-cell manufacturers.