ARKEMA ORDINARY SHARES FRANCE (OTCMKTS:ARKAF) Shorts Reduced By 93.29%

May 16, 2018 - By Richard Doty

Arkema S.A. (OTCMKTS:ARKAF) Corporate Logo

Change of 93.29% for ARKEMA ORDINARY SHARES FRANCE (OTCMKTS:ARKAF)’s shorted shares was reported. FINRA announced in May ARKAF’s total 3,100 shorted shares. The 46,200 previous shares are down with 93.29%. With Average volume 100, ARKAF’s previous position will take 31 days to recover.

At traded at $131.9819 lastly.Since May 16, 2017 it’s 0.00% up thus . The stock underperformed the S&P500 by 11.55%.

Arkema S.A. produces and sells chemical products worldwide.The firm is worth $10.00 billion. The Company’s High Performance Materials segment offers adhesives and sealants for industry, hygiene, construction, and consumer products; and specialty polyamides for automotive, aerospace, aeronautics, gas and oil, electronics, and consumer goods, as well as polyvinylidene fluoride for chemical engineering, paints and anti-corrosive coatings, gas and oil extraction, photovoltaic panels, lithium-ion batteries, and water treatment membranes.The P/E ratio is 15. This segment also provides filtration and adsorption products; organic peroxides used as polymerization initiators for polyethylene, polyvinyl chloride, polystyrene, and crosslinking agents; glass coating additives; and photocure resins for metal, plastic and wood coatings, optics, graphic arts, and electronics.

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