Resonac Holdings Corporation Unsponsored ADR (OTCMKTS:SHWDY) Short Interest Update

Resonac Holdings Corporation Unsponsored ADR (OTCMKTS:SHWDY) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 81 shares, a decline of 86.6% from the August 31st total of 603 shares. Based on an average daily volume of 121 shares, the short-interest ratio is presently 0.7 days. Approximately 0.0% of the shares of the company are sold short.

Resonac Price Performance

Shares of OTCMKTS SHWDY opened at $98.95 on Friday. The stock has a market cap of $18.91 billion, a PE ratio of 53.89 and a beta of 0.70. The company has a quick ratio of 1.14, a current ratio of 1.54 and a debt-to-equity ratio of 0.83. Resonac has a 52-week low of $32.48 and a 52-week high of $126.17. The business has a 50-day moving average price of $96.40 and a 200 day moving average price of $94.70.

Resonac (OTCMKTS:SHWDY) last released its quarterly earnings results on Thursday, August 6th. The company reported $1.03 EPS for the quarter. Resonac had a return on equity of 7.54% and a net margin of 4.05%.The company had revenue of $2.32 billion for the quarter.

Resonac Company Profile

Resonac Corporation is a Japan-based chemical and materials company formerly known as Showa Denko K.K. The company changed its name to Resonac in January 2023 following the integration of Showa Denko and Showa Denko Materials, formerly Hitachi Chemical. Resonac develops materials and technologies used across the semiconductor, electronics, automotive, energy and industrial sectors.

The company’s products include semiconductor and electronic materials, semiconductor packaging materials, silicon carbide epitaxial wafers, high-purity gases, graphite electrodes and advanced carbon products.