Unicharm (OTCMKTS:UNICY) Sees Large Decrease in Short Interest

Unicharm (OTCMKTS:UNICY) was the target of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 12,129 shares, a decrease of 97.4% from the May 31st total of 459,669 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 793,749 shares, the days-to-cover ratio is presently 0.0 days.

Unicharm Stock Performance

UNICY stock opened at $2.85 on Friday. The company has a quick ratio of 2.06, a current ratio of 2.57 and a debt-to-equity ratio of 0.01. The firm has a market cap of $9.92 billion, a PE ratio of 23.75 and a beta of 0.32. The business has a 50 day moving average of $2.96 and a 200-day moving average of $2.99. Unicharm has a 12-month low of $2.61 and a 12-month high of $3.74.

Unicharm (OTCMKTS:UNICY) last issued its quarterly earnings results on Friday, May 8th. The company reported $0.04 EPS for the quarter. Unicharm had a return on equity of 6.85% and a net margin of 6.33%.The business had revenue of $1.49 billion for the quarter. As a group, sell-side analysts expect that Unicharm will post 0.15 earnings per share for the current year.

Analyst Upgrades and Downgrades

UNICY has been the topic of a number of analyst reports. Zacks Research downgraded shares of Unicharm from a “strong-buy” rating to a “hold” rating in a report on Friday, May 8th. Jefferies Financial Group raised shares of Unicharm from a “moderate sell” rating to a “strong-buy” rating in a research report on Wednesday, April 1st. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Unicharm currently has a consensus rating of “Buy”.

About Unicharm

Unicharm Corporation is a Tokyo‐based consumer goods company founded in 1961. Specializing in hygiene and care products, the firm has built its reputation on developing innovative, high-performance solutions for everyday needs. Over more than six decades, Unicharm has grown from a domestic manufacturer to a leading global player in the personal care industry.

The company’s core business activities encompass the design, production and marketing of disposable hygiene products. Key product lines include baby care items such as diapers and training pants; feminine hygiene products including sanitary napkins and panty liners; adult incontinence solutions; and pet care offerings like pet diapers and wet wipes.