IMCD (OTCMKTS:IMCDY) Sees Large Increase in Short Interest

IMCD (OTCMKTS:IMCDY) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 2,563 shares, an increase of 1,444.0% from the June 15th total of 166 shares. Based on an average daily volume of 497,403 shares, the days-to-cover ratio is presently 0.0 days.

IMCD Trading Up 2.4%

IMCDY stock traded up $1.16 during trading on Friday, reaching $48.74. The stock had a trading volume of 6,490 shares, compared to its average volume of 71,371. IMCD has a one year low of $39.76 and a one year high of $68.06. The company’s 50 day moving average is $51.20 and its two-hundred day moving average is $49.32.

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.