Arkema S.A. (OTCMKTS:ARKAY) Short Interest Down 99.3% in January

Arkema S.A. (OTCMKTS:ARKAY) was the recipient of a significant decrease in short interest in January. As of January 31st, there was short interest totalling 200 shares, a decrease of 99.3% from the January 15th total of 29,100 shares. Based on an average trading volume of 32,000 shares, the days-to-cover ratio is presently 0.0 days.

Arkema Stock Performance

Shares of ARKAY stock opened at $86.77 on Friday. The business has a fifty day moving average of $77.59 and a 200 day moving average of $84.44. Arkema has a 1 year low of $71.26 and a 1 year high of $111.79. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.11 and a quick ratio of 1.54. The firm has a market capitalization of $6.60 billion, a price-to-earnings ratio of 17.35, a price-to-earnings-growth ratio of 0.52 and a beta of 1.22.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank upgraded shares of Arkema from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 31st.

Arkema Company Profile

Arkema SA manufactures and sells specialty chemicals and advanced materials worldwide. The company operates in three segments: Adhesive Solutions, Advanced Materials and Coating Solutions, and Intermediates. The Adhesive Solutions segment provides solutions for construction, renovation of buildings, DIY, durable goods, and packaging and non-woven applications; and supplies technologies used in building activities for businesses and individuals, including sealants, tiles, flooring adhesives and waterproofing systems, and technologies used in industry, which include automotive, textiles, glazing, flexible and rigid packaging, and hygiene markets.