Wacker Chemie AG (OTCMKTS:WKCMF) Short Interest Up 48.5% in January

Wacker Chemie AG (OTCMKTS:WKCMF) was the recipient of a significant increase in short interest in January. As of January 31st, there was short interest totalling 152,700 shares, an increase of 48.5% from the January 15th total of 102,800 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is currently 509.0 days.

Wacker Chemie Price Performance

Wacker Chemie stock opened at $74.87 on Friday. The firm’s 50 day simple moving average is $71.26 and its 200 day simple moving average is $82.63. Wacker Chemie has a 1-year low of $63.50 and a 1-year high of $122.31.

About Wacker Chemie

Wacker Chemie AG, together with its subsidiaries, provides chemical products worldwide. It operates through four divisions: Wacker Silicones, Wacker Polymers, Wacker Biosolutions, and Wacker Polysilicon. The Wacker Silicones division offers silanes, siloxanes, silicone fluids, silicone emulsions, silicone elastomers, silicone resins, and pyrogenic silica.