Croda International Plc (OTCMKTS:COIHY) Sees Large Increase in Short Interest

Croda International Plc (OTCMKTS:COIHY) was the recipient of a significant increase in short interest in October. As of October 31st, there was short interest totalling 11,700 shares, an increase of 95.0% from the October 15th total of 6,000 shares. Based on an average daily volume of 79,500 shares, the days-to-cover ratio is presently 0.1 days.

Croda International Stock Performance

COIHY stock traded down $0.04 during midday trading on Friday, hitting $23.02. The company’s stock had a trading volume of 71,112 shares, compared to its average volume of 65,797. Croda International has a 1 year low of $22.81 and a 1 year high of $33.52. The stock’s 50-day moving average price is $25.81 and its 200 day moving average price is $26.55. The company has a quick ratio of 1.67, a current ratio of 2.72 and a debt-to-equity ratio of 0.26.

Wall Street Analysts Forecast Growth

A number of research firms have commented on COIHY. Citigroup upgraded Croda International to a “hold” rating in a research note on Tuesday, October 15th. Barclays upgraded shares of Croda International to a “hold” rating in a research report on Friday, July 26th. Finally, Berenberg Bank upgraded shares of Croda International to a “strong-buy” rating in a research report on Thursday, August 1st.

Croda International Company Profile

Croda International Plc engages in the consumer care, life science, and industrial specialty businesses in in Europe, the Middle East, Africa, North America, Asia, and Latin America. The company offers speciality and active ingredients across beauty care, beauty actives, and home care products, as well as fragrances and flavours.