Arkema SA (OTCMKTS:ARKAY) Short Interest Update

Arkema SA (OTCMKTS:ARKAY) saw a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 1,744 shares, an increase of 24,814.3% from the January 29th total of 7 shares. Based on an average trading volume of 10,888 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 10,888 shares, the days-to-cover ratio is currently 0.2 days.

Arkema Price Performance

Shares of OTCMKTS:ARKAY opened at $71.29 on Thursday. The company has a 50 day moving average of $64.51 and a 200 day moving average of $63.98. The company has a current ratio of 3.07, a quick ratio of 2.26 and a debt-to-equity ratio of 0.55. The stock has a market cap of $5.42 billion, a P/E ratio of 34.27, a P/E/G ratio of 1.47 and a beta of 0.90. Arkema has a 12 month low of $56.28 and a 12 month high of $91.51.

Analyst Upgrades and Downgrades

ARKAY has been the subject of a number of research reports. Zacks Research lowered shares of Arkema from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 6th. Barclays cut shares of Arkema from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 11th. Deutsche Bank Aktiengesellschaft lowered shares of Arkema from a “buy” rating to a “hold” rating in a research note on Monday, November 24th. Finally, The Goldman Sachs Group upgraded Arkema from a “hold” rating to a “buy” rating in a research report on Tuesday, February 10th. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Reduce”.

About Arkema

Arkema SA is a global specialty chemicals and advanced materials company headquartered in Colombes, France. Established in 2004 as a spin-off from Total’s chemicals division, the company offers a broad portfolio of high-performance materials designed to improve durability, thermal and chemical resistance, and environmental performance across diverse industries.

Arkema’s operations are organized into four core segments. Adhesive Solutions delivers bonding, sealing, and coating technologies for markets such as packaging, medical devices, and consumer goods.