Shin-Etsu Chemical Co. (OTCMKTS:SHECY) Short Interest Up 107.1% in July

Shin-Etsu Chemical Co. (OTCMKTS:SHECY) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 127,105 shares, an increase of 107.1% from the July 15th total of 61,379 shares. Based on an average daily trading volume, of 1,793,637 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Shin-Etsu Chemical Price Performance

Shares of OTCMKTS SHECY opened at $19.89 on Monday. The company has a market capitalization of $78.96 billion, a PE ratio of 23.96 and a beta of 1.34. The company has a quick ratio of 4.60, a current ratio of 6.09 and a debt-to-equity ratio of 0.05. Shin-Etsu Chemical has a twelve month low of $13.64 and a twelve month high of $24.74. The firm has a fifty day simple moving average of $21.19 and a 200 day simple moving average of $20.69.

Shin-Etsu Chemical (OTCMKTS:SHECY) last issued 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 business had revenue of $4.16 billion during the quarter. Shin-Etsu Chemical has set its FY 2027 guidance at 0.450-0.450 EPS. On average, sell-side analysts forecast that Shin-Etsu Chemical will post 0.88 EPS for the current year.

Shin-Etsu Chemical Company Profile

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.