Short Interest in Unicharm (OTCMKTS:UNICY) Drops By 97.4%

Unicharm (OTCMKTS:UNICY) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 12,129 shares, a drop of 97.4% from the May 31st total of 459,669 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 793,749 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analyst Weigh In

UNICY has been the topic of a number of research analyst reports. Zacks Research downgraded shares of Unicharm from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 8th. Jefferies Financial Group upgraded Unicharm from a “moderate sell” rating to a “strong-buy” rating in a report on Wednesday, April 1st. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Unicharm has an average rating of “Buy”.

Unicharm Stock Up 0.7%

Shares of OTCMKTS UNICY traded up $0.02 during midday trading on Thursday, reaching $2.81. 2,853,787 shares of the company’s stock traded hands, compared to its average volume of 446,622. The company has a market cap of $9.78 billion, a price-to-earnings ratio of 23.42 and a beta of 0.32. Unicharm has a one year low of $2.61 and a one year high of $3.74. The company has a quick ratio of 2.06, a current ratio of 2.57 and a debt-to-equity ratio of 0.01. The stock’s 50 day simple moving average is $2.97 and its 200-day simple moving average is $2.99.

Unicharm (OTCMKTS:UNICY) last announced its quarterly earnings results on Friday, May 8th. The company reported $0.04 earnings per share (EPS) for the quarter. The business had revenue of $1.49 billion for the quarter. Unicharm had a return on equity of 6.85% and a net margin of 6.33%. On average, analysts predict that Unicharm will post 0.15 EPS for the current fiscal year.

Unicharm Company Profile

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.