Clariant AG (OTCMKTS:CLZNY – Get Free Report) was the target of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 100 shares, a decline of 50.0% from the October 15th total of 200 shares. Based on an average daily volume of 200 shares, the short-interest ratio is presently 0.5 days.
Clariant Stock Up 1.2 %
Shares of OTCMKTS CLZNY traded up $0.15 during midday trading on Thursday, reaching $12.70. 1,092 shares of the stock were exchanged, compared to its average volume of 614. The company has a 50 day simple moving average of $14.79 and a 200 day simple moving average of $15.64. Clariant has a twelve month low of $12.23 and a twelve month high of $17.47.
Analyst Ratings Changes
Separately, Citigroup upgraded Clariant to a “strong-buy” rating in a report on Wednesday, August 14th.
About Clariant
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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