Arkema S.A. (OTCMKTS:ARKAY) Short Interest Update

Arkema S.A. (OTCMKTS:ARKAY) was the target of a large growth in short interest in February. As of February 15th, there was short interest totalling 5,000 shares, a growth of 2,400.0% from the January 31st total of 200 shares. Based on an average daily volume of 13,600 shares, the short-interest ratio is currently 0.4 days.

Arkema Price Performance

Shares of OTCMKTS ARKAY opened at $83.00 on Friday. The firm has a market capitalization of $6.31 billion, a P/E ratio of 16.60, a P/E/G ratio of 0.53 and a beta of 1.22. The company has a quick ratio of 1.54, a current ratio of 2.11 and a debt-to-equity ratio of 0.48. The stock’s 50-day simple moving average is $79.13 and its two-hundred day simple moving average is $84.29. Arkema has a twelve month low of $71.26 and a twelve month high of $111.79.

Analyst Ratings Changes

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

About Arkema

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.