Evonik Industries AG (OTCMKTS:EVKIF) Short Interest Up 73.1% in July

Evonik Industries AG (OTCMKTS:EVKIF) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 600,729 shares, a growth of 73.1% from the July 15th total of 347,062 shares. Based on an average trading volume of 33 shares, the short-interest ratio is currently 18,203.9 days.

Evonik Industries Stock Performance

EVKIF stock remained flat at $20.97 during mid-day trading on Tuesday. The stock’s fifty day moving average price is $18.89 and its 200 day moving average price is $18.77. Evonik Industries has a twelve month low of $14.49 and a twelve month high of $21.30.

Evonik Industries Company Profile

Evonik Industries AG is a Germany-based specialty chemicals company headquartered in Essen. Formed in 2007 through the carve-out of the chemicals division of RAG AG, the firm traces its origins to the Degussa chemical group, whose roots extend more than a century. Today, Evonik is recognized as one of the world’s leading providers of specialty chemicals, serving a broad array of industrial and consumer markets.

The company’s operations are organized into core business segments that include Nutrition & Care, Resource Efficiency and Performance Materials.