Clariant AG (OTCMKTS:CLZNF) Sees Significant Increase in Short Interest

Clariant AG (OTCMKTS:CLZNF) saw a significant increase in short interest in November. As of November 30th, there was short interest totalling 1,018,300 shares, an increase of 6.3% from the November 15th total of 957,500 shares. Based on an average daily volume of 4,100 shares, the days-to-cover ratio is presently 248.4 days.

Clariant Price Performance

Shares of CLZNF remained flat at $12.76 during trading hours on Monday. 13,177 shares of the company were exchanged, compared to its average volume of 2,287. Clariant has a 1-year low of $12.76 and a 1-year high of $16.30. The company’s 50 day moving average is $13.66 and its 200-day moving average is $14.79.

Clariant Company Profile

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.