Zeon Co. (OTCMKTS:ZEOOF) Sees Large Decrease in Short Interest

Zeon Co. (OTCMKTS:ZEOOF) was the recipient of a significant decline in short interest in August. As of August 14th, there was short interest totaling 257,504 shares, a decline of 39.4% from the July 30th total of 424,739 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Zeon Price Performance

OTCMKTS ZEOOF opened at $13.39 on Wednesday. The company has a 50 day moving average of $13.39 and a 200-day moving average of $13.08. Zeon has a 1-year low of $9.35 and a 1-year high of $13.39.

About Zeon

Zeon Corporation, headquartered in Tokyo, Japan, is a global leader in the development and production of specialty chemicals and advanced polymer materials. Founded in 1960 as a spin-off from Showa Denko, the company has grown into one of the world’s foremost manufacturers of synthetic rubber and thermoplastic elastomers. Zeon’s core activities encompass the design, synthesis and commercialization of polymers that address demanding performance requirements across multiple industries.

At the heart of Zeon’s portfolio are synthetic rubbers—such as acrylonitrile butadiene rubber (NBR) and isoprene rubber (IR)—and specialty elastomers engineered for specific mechanical, thermal and chemical resilience.