Croda International Plc (OTCMKTS:COIHY) Short Interest Up 95.0% in October

Croda International Plc (OTCMKTS:COIHY) was the recipient of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 11,700 shares, an increase of 95.0% from the October 15th total of 6,000 shares. Based on an average trading volume of 79,500 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

A number of brokerages recently commented on COIHY. Barclays raised Croda International to a “hold” rating in a report on Friday, July 26th. Berenberg Bank raised Croda International to a “strong-buy” rating in a research report on Thursday, August 1st. Finally, Citigroup raised shares of Croda International to a “hold” rating in a report on Tuesday, October 15th.

Croda International Price Performance

COIHY traded down $0.04 during trading on Thursday, reaching $23.02. The company had a trading volume of 71,112 shares, compared to its average volume of 39,480. The company has a quick ratio of 1.67, a current ratio of 2.72 and a debt-to-equity ratio of 0.26. Croda International has a 52 week low of $22.81 and a 52 week high of $33.52. The business has a 50 day simple moving average of $25.81 and a 200-day simple moving average of $26.55.

About Croda International

Croda International Plc engages in the consumer care, life science, and industrial specialty businesses in in Europe, the Middle East, Africa, North America, Asia, and Latin America. The company offers speciality and active ingredients across beauty care, beauty actives, and home care products, as well as fragrances and flavours.