Can SHIN-ETSU CHEMICAL CO LTD ORDINARY SHARE (OTCMKTS:SHECF)’s Tomorrow be Different? The Stock Had Increase in Shorts

The stock of SHIN-ETSU CHEMICAL CO LTD ORDINARY SHARE (OTCMKTS:SHECF) registered an increase of 100.48% in short interest. SHECF’s total short interest was 672,200 shares in December as published by FINRA. Its up 100.48% from 335,300 shares, reported previously. With 200 shares average volume, it will take short sellers 3361 days to cover their SHECF’s short positions.

It closed at $85.27 lastly. It is down 0.00% since December 2, 2017 and is . It has underperformed by 15.62% the S&P500.

Shin-Etsu Chemical Co., Ltd. manufactures and sells polyvinyl chloride , semiconductor silicon wafers, silicones, and rare earth magnets worldwide. The company has market cap of $36.71 billion. It offers PVC for use in window profiles, plastic greenhouses, siding materials, and electric lines coating materials, as well as PVC pipes and conduits; caustic soda for use in paper and pulp, soap and detergents, waste water treatment, and alumina; methanol; and chloromethane. It has a 12.75 P/E ratio. The firm also provides semiconductor silicon wafers that are used as substrate materials in personal computers, smartphones, and televisions, as well as automobiles; and compound semiconductor products for use in outdoor displays, traffic lights, in-vehicle stop lamps, sensor light sources, etc.

More notable recent Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECF) news were published by: Seekingalpha.com which released: “Outokumpu OYJ 2018 Q3 – Results – Earnings Call Slides – Seeking Alpha” on October 26, 2018, also Seekingalpha.com with their article: “IT H/W: Key Takeaways From Our Visits To Japan/Taiwan – Seeking Alpha” published on October 08, 2018, Seekingalpha.com published: “Hellofresh AG 2018 Q2 – Results – Earnings Call Slides – Seeking Alpha” on August 14, 2018. More interesting news about Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECF) were released by: Seekingalpha.com and their article: “3 High-Yield Blue Chips That Could Make You Rich – Seeking Alpha” published on July 10, 2018 as well as Seekingalpha.com‘s news article titled: “SA Interview: Value Investing With Michigan Value Investor – Seeking Alpha” with publication date: April 21, 2018.

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