What’s Propelling AGC INC AMERICAN DEPOSITARY RECEIPTS – (OTCMKTS:ASGLY) After Higher Shorts Reported?

September 16, 2018 - By Elena Maslow

AGC Inc. (OTCMKTS:ASGLY) Logo

The stock of AGC INC AMERICAN DEPOSITARY RECEIPTS – (OTCMKTS:ASGLY) registered an increase of 5.3% in short interest. ASGLY’s total short interest was 41,700 shares in September as published by FINRA. Its up 5.3% from 39,600 shares, reported previously. With 20,100 shares average volume, it will take short sellers 2 days to cover their ASGLY’s short positions.

The stock increased 0.06% or $0.005 during the last trading session, reaching $8.055. About 7,806 shares traded. AGC Inc. (OTCMKTS:ASGLY) has 0.00% since September 16, 2017 and is . It has underperformed by 15.62% the S&P500.

AGC Inc. manufactures and sells glass, electronics, chemicals, and ceramics worldwide. The company has market cap of $9.07 billion. The firm offers architectural glass products, including float glass, low-emissivity glass, double glazing glass for solar control/heat-insulation, safety glass, and decorative glass; and tempered and laminated automotive glass, as well as integrated glass antenna and privacy glass. It has a 12.69 P/E ratio. It also provides glass substrates used for thin-film-transistor liquid crystal displays and OLEDs; electronic materials, such as CMOS/CCD blue filters, CMP slurries, synthetic quartz glasses, glass frits and pastes, and glass molded lenses; and applied glass materials comprising cover glass for electronic devices, thin glass for electronic devices, glass for light guide plates, and glass for photovoltaic devices.

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