Short Interest in Chemtrade Logistics Income Fund (OTCMKTS:CGIFF) Decreases By 25.4%

Chemtrade Logistics Income Fund (OTCMKTS:CGIFF) was the target of a large decrease in short interest in August. As of August 15th, there was short interest totaling 489,400 shares, adecreaseof25.4% from the July 31st total of 655,700 shares. Based on an average daily volume of 12,200 shares, the days-to-cover ratio is presently 40.1 days. Based on an average daily volume of 12,200 shares, the days-to-cover ratio is presently 40.1 days.

Chemtrade Logistics Income Fund Stock Performance

CGIFF traded up $0.03 during midday trading on Monday, hitting $9.37. 3,310 shares of the company traded hands, compared to its average volume of 10,032. The business has a 50 day simple moving average of $8.54 and a two-hundred day simple moving average of $7.71. Chemtrade Logistics Income Fund has a 52-week low of $6.24 and a 52-week high of $9.52.

About Chemtrade Logistics Income Fund

Chemtrade Logistics Income Fund offers industrial chemicals and services in Canada, the United States, and South America. It operates in two segments, Sulphur and Water Chemicals (SWC), and Electrochemicals (EC). The company provides sulphuric acid, spent acid processing services, and inorganic coagulants for water treatment, sodium chlorate, sodium nitrite, and sodium hydrosulphite; and sulphur, chloralkali products, and zinc oxide.