IMCD (OTCMKTS:IMCDY) Sees Large Decrease in Short Interest

IMCD (OTCMKTS:IMCDY) saw a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 1,692 shares, a decline of 86.2% from the April 30th total of 12,230 shares. Based on an average daily trading volume, of 127,866 shares, the days-to-cover ratio is currently 0.0 days.

IMCD Price Performance

OTCMKTS IMCDY traded down $0.18 on Friday, reaching $51.35. The stock had a trading volume of 8,695 shares, compared to its average volume of 64,004. The business’s 50-day moving average price is $53.09 and its 200 day moving average price is $48.55. IMCD has a 12-month low of $39.76 and a 12-month high of $69.77.

About IMCD

IMCD N.V. distributes, markets, and sells specialty chemicals and ingredients in the Netherlands, rest of Europe, the Middle East, Africa, North America, South America, and the Asia-Pacific. The company provides adhesives, core materials, filler reinforcements, flame retardants, masterbatch, modifiers, operating materials, pigments, plasticizers, processing aids, PUR raw materials, rubber elastomers, solvents, stabilizers, thermoplastic elastomers, thermoplastics, thermoplastics, and other additives.