Chemtrade Logistics Income Fund (OTCMKTS:CGIFF) Sees Significant Decrease in Short Interest

Chemtrade Logistics Income Fund (OTCMKTS:CGIFF) was the recipient of a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 386,700 shares, a drop of 8.3% from the November 30th total of 421,900 shares. Based on an average daily trading volume, of 20,500 shares, the days-to-cover ratio is presently 18.9 days.

Chemtrade Logistics Income Fund Trading Down 0.3 %

Shares of OTCMKTS:CGIFF traded down $0.03 during mid-day trading on Monday, reaching $7.49. 16,011 shares of the company traded hands, compared to its average volume of 11,341. The company’s 50 day moving average price is $7.99 and its 200-day moving average price is $7.51. Chemtrade Logistics Income Fund has a 52 week low of $5.76 and a 52 week high of $8.56.

About Chemtrade Logistics Income Fund

Chemtrade Logistics Income Fund offers industrial chemicals and services in Canada, the United States, and South America. It operates in two segments, Sulphur and Water Chemicals (SWC), and Electrochemicals (EC). The company provides sulphuric acid, spent acid processing services, and inorganic coagulants for water treatment, sodium chlorate, sodium nitrite, and sodium hydrosulphite; and sulphur, chloralkali products, and zinc oxide.