Short Interest in Resonac Holdings Corporation Unsponsored ADR (OTCMKTS:SHWDY) Decreases By 50.0%

Resonac Holdings Corporation Unsponsored ADR (OTCMKTS:SHWDY) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totalling 400 shares, a decline of 50.0% from the June 30th total of 800 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.0% of the company’s shares are sold short.

Resonac Stock Performance

OTCMKTS:SHWDY opened at $24.57 on Thursday. The company has a market capitalization of $4.54 billion, a PE ratio of 22.75 and a beta of 0.27. The company has a 50 day simple moving average of $22.60 and a two-hundred day simple moving average of $21.92. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.99 and a current ratio of 1.35. Resonac has a fifty-two week low of $15.38 and a fifty-two week high of $27.68.

Resonac (OTCMKTS:SHWDY) last posted its quarterly earnings data on Thursday, May 15th. The company reported $0.32 EPS for the quarter. Resonac had a net margin of 2.40% and a return on equity of 8.34%. The company had revenue of $2.11 billion for the quarter.

About Resonac

Resonac Holdings Corporation operates as a chemical company in Japan, China, rest of Asia, and internationally. It operates through Semiconductor and Electronic Materials, Mobility, Innovation Enabling Materials, and Chemicals segments. The company offers gases and solvents, abatement systems and surface treatments, CMP slurries, and anti-charging materials; semiconductor-related materials, display and sensor-related materials, and films; base and photosensitive materials for PWBs; hard disks, SiCs, and optical semiconductors for use as electronic device components; and molded plastics/sheet-formed, powder metal, and aluminum products for automotives.