Incitec Pivot Limited (OTCMKTS:ICPVF) Short Interest Up 124.1% in June

Incitec Pivot Limited (OTCMKTS:ICPVF) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 2,699,472 shares, a growth of 124.1% from the May 31st total of 1,204,818 shares. Based on an average daily trading volume, of 655 shares, the short-interest ratio is presently 4,121.3 days.

Incitec Pivot Stock Performance

Shares of ICPVF stock remained flat at $2.52 on Wednesday. The firm’s 50-day moving average is $2.29 and its 200-day moving average is $2.25. Incitec Pivot has a fifty-two week low of $1.37 and a fifty-two week high of $2.53.

About Incitec Pivot

Incitec Pivot Limited, together with its subsidiaries, manufactures and distributes industrial explosives, industrial chemicals, and fertilizers in Australia, the United States, the Asia Pacific, Turkey, France, and internationally. It offers ammonium nitrate, nitrogen-based fertilizer, ammonia, di/mono-ammonium phosphate, and single super phosphate. The company also manufactures and sells industrial explosives, and related products and services to mining, quarrying, and construction industries. In addition, it offers industrial chemicals to the agriculture and specialist industries.