Evonik Industries AG (OTCMKTS:EVKIF) Sees Significant Growth in Short Interest

Evonik Industries AG (OTCMKTS:EVKIF) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totalling 416,000 shares, a growth of 17.1% from the March 15th total of 355,200 shares. Based on an average daily volume of 3,200 shares, the short-interest ratio is presently 130.0 days.

Evonik Industries Price Performance

OTCMKTS:EVKIF opened at $19.45 on Tuesday. The firm has a 50-day moving average price of $18.88 and a 200 day moving average price of $18.64. Evonik Industries has a 12-month low of $16.90 and a 12-month high of $22.27.

Evonik Industries Company Profile

Evonik Industries AG produces specialty chemicals in the Asia-Pacific, Europe, the Middle East, Africa, Central and South America, and North America. It operates through Specialty Additives, Nutrition & Care, Smart Materials, Performance Materials, and Technology & Infrastructure segments. The Specialty Additives segment provides additives for polyurethane; additives, matting agents, fumed silicas, and specialty resins for paints, coatings, and printing inks; isophorone and epoxy curing agents for coatings, adhesives, and composites; and pour-point depressants, and viscosity index improvers for coatings for oil and other lubricants for construction machinery and automotive sector.