Wacker Chemie AG (OTCMKTS:WKCMF – Get Free Report) was the recipient of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 22,649 shares, a drop of 39.6% from the September 15th total of 37,486 shares. Based on an average daily trading volume, of 143 shares, the short-interest ratio is presently 158.4 days.
Wacker Chemie Stock Performance
Shares of OTCMKTS WKCMF opened at $94.86 on Friday. The stock has a fifty day moving average price of $102.06 and a 200 day moving average price of $106.56. Wacker Chemie has a 12-month low of $73.20 and a 12-month high of $122.41.
Wacker Chemie Company Profile
Wacker Chemie AG is a Germany-based chemical company that develops and manufactures specialty chemicals and related materials for industrial and consumer applications. Its portfolio includes silicone products, polymer binders and dispersions, high-purity polysilicon, and biotechnology-based products.
The company’s silicone products are used in industries such as construction, automotive, electronics, healthcare, and personal care. Its polymer products support applications including paints, coatings, adhesives, and construction materials, while its polysilicon is used primarily in semiconductor and solar-cell manufacturing.
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