IMCD (OTCMKTS:IMDZF) Sees Significant Growth in Short Interest

IMCD (OTCMKTS:IMDZF) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 159,500 shares, a growth of 16.1% from the March 31st total of 137,400 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 1,595.0 days.

IMCD Price Performance

Shares of IMDZF opened at $151.44 on Wednesday. IMCD has a 1 year low of $114.72 and a 1 year high of $180.78. The company’s 50-day simple moving average is $165.62 and its 200-day simple moving average is $153.27.

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.