UBE Co. (OTCMKTS:UBEOF) Short Interest Down 31.9% in May

UBE Co. (OTCMKTS:UBEOF) was the target of a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 186,000 shares, a decrease of 31.9% from the May 15th total of 273,300 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

UBE Price Performance

Shares of UBEOF stock opened at $15.55 on Tuesday. The stock has a 50 day simple moving average of $15.55 and a 200-day simple moving average of $16.33. UBE has a 1-year low of $15.55 and a 1-year high of $19.24.

UBE Company Profile

UBE Corporation, together with its subsidiaries, engages in the chemicals, construction materials, and machinery businesses in Japan, North America, Europe, Africa, the Middle East, Thailand, India, Latin America, and internationally. It offers synthetic rubber, engineering plastics, caprolactam, industrial chemicals, liquefied gas, polyethylene, ammonium sulfate, polyimide, battery materials, separation membranes, fine chemicals, ceramics, high purity chemicals, semiconductor gas products, and products for polyurethane resins.