Arkema SA (OTCMKTS:ARKAY) Sees Significant Increase in Short Interest

Arkema SA (OTCMKTS:ARKAY) was the target of a large increase in short interest in 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 short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 10,888 shares, the short-interest ratio is presently 0.2 days.

Arkema Price Performance

ARKAY stock opened at $72.45 on Friday. The business’s fifty day moving average price is $64.74 and its 200 day moving average price is $64.04. Arkema has a 12-month low of $56.28 and a 12-month high of $91.51. 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 company has a market capitalization of $5.51 billion, a PE ratio of 34.83, a P/E/G ratio of 1.45 and a beta of 0.90.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft cut shares of Arkema from a “buy” rating to a “hold” rating in a research report on Monday, November 24th. Barclays downgraded shares of Arkema from a “hold” rating to a “strong sell” rating in a report on Tuesday, November 11th. Zacks Research cut Arkema from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 6th. Finally, The Goldman Sachs Group upgraded Arkema from a “hold” rating to a “buy” rating in a research report on Tuesday, February 10th. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, Arkema 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.