Elementis plc (OTCMKTS:ELMTY) Short Interest Up 100.0% in November

Elementis plc (OTCMKTS:ELMTY) saw a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 200 shares, an increase of 100.0% from the November 15th total of 100 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 2.0 days.

Elementis Price Performance

OTCMKTS:ELMTY remained flat at $7.35 during mid-day trading on Friday. The company had a trading volume of 1 shares, compared to its average volume of 16. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.29 and a current ratio of 2.32. Elementis has a fifty-two week low of $7.10 and a fifty-two week high of $7.35. The business has a fifty day simple moving average of $8.43 and a 200 day simple moving average of $8.09.

Analyst Upgrades and Downgrades

Separately, Barclays upgraded shares of Elementis to a “strong-buy” rating in a research note on Wednesday, October 2nd.

About Elementis

Elementis plc operates as a specialty chemical company in the United Kingdom, rest of Europe, North America, and internationally. It operates in two segments, Performance Specialties and Personal Care. The Performance Specialties segment engages in the production of rheological modifiers and additives for decorative and industrial coatings; and production and supply of talc for use in plastics, coatings, technical ceramics, and paper sectors.