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

IMCD (OTCMKTS:IMCDY) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 5,241 shares, an increase of 209.8% from the May 14th total of 1,692 shares. Based on an average daily trading volume, of 16,143 shares, the days-to-cover ratio is presently 0.3 days.

IMCD Price Performance

IMCD stock opened at $51.21 on Friday. IMCD has a 52 week low of $39.76 and a 52 week high of $68.43. The company’s 50 day moving average price is $54.22 and its two-hundred day moving average price is $48.96.

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.