Zeon Co. (OTCMKTS:ZEOOF) Short Interest Up 201.1% in May
by Doug Wharley · The Cerbat GemZeon Co. (OTCMKTS:ZEOOF – Get Free Report) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 526,313 shares, a growth of 201.1% from the April 30th total of 174,808 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.
Zeon Price Performance
OTCMKTS ZEOOF opened at $13.39 on Friday. The firm’s fifty day moving average price is $13.39 and its 200 day moving average price is $11.15. Zeon has a 12 month low of $9.35 and a 12 month high of $13.39.
About Zeon
Zeon Corporation, headquartered in Tokyo, Japan, is a global leader in the development and production of specialty chemicals and advanced polymer materials. Founded in 1960 as a spin-off from Showa Denko, the company has grown into one of the world’s foremost manufacturers of synthetic rubber and thermoplastic elastomers. Zeon’s core activities encompass the design, synthesis and commercialization of polymers that address demanding performance requirements across multiple industries.
At the heart of Zeon’s portfolio are synthetic rubbers—such as acrylonitrile butadiene rubber (NBR) and isoprene rubber (IR)—and specialty elastomers engineered for specific mechanical, thermal and chemical resilience.