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

Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECY) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 10,600 shares, a growth of 41.3% from the March 31st total of 7,500 shares. Based on an average trading volume of 425,900 shares, the short-interest ratio is currently 0.0 days.

Shin-Etsu Chemical Price Performance

OTCMKTS:SHECY traded up $0.22 during trading hours on Monday, hitting $18.94. 732,152 shares of the company were exchanged, compared to its average volume of 255,637. The company’s 50 day moving average price is $21.22 and its 200-day moving average price is $19.13. The stock has a market capitalization of $75.82 billion, a price-to-earnings ratio of 20.80 and a beta of 1.27. Shin-Etsu Chemical has a 52-week low of $13.65 and a 52-week high of $23.04.

Shin-Etsu Chemical (OTCMKTS:SHECY) last released its earnings results on Friday, January 26th. The basic materials company reported $0.20 earnings per share (EPS) for the quarter. Shin-Etsu Chemical had a return on equity of 12.00% and a net margin of 21.63%. The firm had revenue of $4.25 billion for the quarter. On average, equities analysts predict that Shin-Etsu Chemical will post 1.04 earnings per share for the current year.

About Shin-Etsu Chemical

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.