Resonac Holdings Corporation Unsponsored ADR (OTCMKTS:SHWDY) Short Interest Up ∞ in June

Resonac Holdings Corporation Unsponsored ADR (OTCMKTS:SHWDY) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 44 shares, an increase of ∞ from the May 31st total of 0 shares. Based on an average daily volume of 283 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Resonac Stock Performance

Shares of OTCMKTS SHWDY remained flat at $111.97 during midday trading on Tuesday. 9 shares of the company were exchanged, compared to its average volume of 174. The company has a current ratio of 1.81, a quick ratio of 1.35 and a debt-to-equity ratio of 1.04. The stock has a 50 day moving average price of $103.37 and a 200 day moving average price of $74.32. Resonac has a twelve month low of $23.10 and a twelve month high of $126.17. The stock has a market capitalization of $20.70 billion, a P/E ratio of 91.33 and a beta of 0.59.

Resonac (OTCMKTS:SHWDY) last issued its earnings results on Thursday, May 21st. The company reported $999.00 earnings per share for the quarter. Resonac had a net margin of 2.59% and a return on equity of 4.89%.

Resonac Company Profile

Resonac Corporation (OTCMKTS: SHWDY), formerly known as Showa Denko K.K., is a diversified chemical manufacturer based in Tokyo, Japan. The company produces a broad range of industrial chemicals and performance materials that serve sectors including automotive, electronics, energy storage and environmental applications. Its product portfolio encompasses basic petrochemicals, polyolefins, functional chemicals, ceramic powders, aluminum specialty products and graphite electrodes for steel production.

Resonac maintains a strong presence in the electronics materials market through its supply of semiconductor‐grade silicon, silicon wafers, rare‐earth magnetic alloys and high‐purity gases and chemicals used in semiconductor fabrication.