Clariant AG (OTCMKTS:CLZNY – Get Free Report) was the recipient of a significant decrease in short interest in October. As of October 31st, there was short interest totalling 100 shares, a decrease of 50.0% from the October 15th total of 200 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 0.5 days.
Clariant Stock Performance
OTCMKTS:CLZNY traded up $0.15 during trading hours on Friday, reaching $12.70. 1,092 shares of the company were exchanged, compared to its average volume of 614. The stock’s 50-day moving average is $14.73 and its 200-day moving average is $15.62. Clariant has a twelve month low of $12.23 and a twelve month high of $17.47.
Wall Street Analyst Weigh In
Separately, Citigroup raised shares of Clariant to a “strong-buy” rating in a report on Wednesday, August 14th.
Clariant Company Profile
Clariant AG engages in the development, manufacture, distribution, and sale of specialty chemicals worldwide. The Care Chemicals segment offers specialty chemicals and application solutions for various applications in automotive fluids, aviation, construction chemicals, crop solutions, health care, home care, industrial lubricants, paints and coatings, personal care, and special solvents.
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