Short Interest in Unicharm (OTCMKTS:UNICY) Declines By 32.9%

Unicharm (OTCMKTS:UNICY) saw a large drop in short interest in August. As of August 14th, there was short interest totaling 25,481 shares, a drop of 32.9% from the July 30th total of 37,979 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 280,001 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

Separately, Zacks Research lowered Unicharm from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy”.

Unicharm Stock Performance

OTCMKTS UNICY opened at $3.05 on Wednesday. The company has a 50-day simple moving average of $3.00 and a two-hundred day simple moving average of $3.02. Unicharm has a 12-month low of $2.61 and a 12-month high of $3.67. The firm has a market cap of $10.61 billion, a price-to-earnings ratio of 23.46 and a beta of 0.29. The company has a quick ratio of 2.06, a current ratio of 2.57 and a debt-to-equity ratio of 0.01.

Unicharm (OTCMKTS:UNICY) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.04 EPS for the quarter. The firm had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.59 billion. Unicharm had a return on equity of 7.15% and a net margin of 6.65%. On average, equities analysts forecast that Unicharm will post 0.13 EPS for the current year.

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.