OCI (OTCMKTS:OCINF) Sees Large Growth in Short Interest

OCI (OTCMKTS:OCINF) saw a large increase in short interest in October. As of October 31st, there was short interest totalling 1,972,500 shares, an increase of 24.5% from the October 15th total of 1,583,900 shares. Based on an average daily volume of 1,600 shares, the short-interest ratio is presently 1,232.8 days.

OCI Stock Performance

OCINF remained flat at $12.00 during trading hours on Friday. The company had a trading volume of 18 shares, compared to its average volume of 2,566. OCI has a twelve month low of $11.35 and a twelve month high of $32.65. The company’s 50 day simple moving average is $23.77 and its 200-day simple moving average is $25.78.

OCI Company Profile

OCI N.V. produces and distributes hydrogen-based and natural gas-based products to agricultural, transportation, and industrial customers. It operates through Methanol US, Methanol Europe, and Nitrogen Europe segments. The company offers anhydrous ammonia, granular urea, urea ammonium nitrate solution, calcium ammonium nitrate, ammonium sulphate, ammonium nitrate + sulphur, renewable and lower carbon ammonia, nitric acid, bio-methanol, methanol, melamine, carbon dioxide, and diesel exhaust fluid, as well as other nitrogen products.