Elementis plc (OTCMKTS:ELMTY) Short Interest Down 50.0% in December

Elementis plc (OTCMKTS:ELMTY) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 100 shares, a decline of 50.0% from the December 15th total of 200 shares. Based on an average trading volume of 500 shares, the days-to-cover ratio is presently 0.2 days.

Analysts Set New Price Targets

Separately, Barclays raised shares of Elementis to a “strong-buy” rating in a report on Wednesday, October 2nd.

Elementis Stock Performance

ELMTY remained flat at $7.35 during trading hours on Tuesday. The business’s 50 day simple moving average is $7.81 and its two-hundred day simple moving average is $8.08. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.32 and a quick ratio of 1.29. Elementis has a 52 week low of $7.10 and a 52 week high of $7.35.

Elementis Company Profile

Elementis plc operates as a specialty chemical company in the United Kingdom, rest of Europe, North America, and internationally. It operates in two segments, Performance Specialties and Personal Care. The Performance Specialties segment engages in the production of rheological modifiers and additives for decorative and industrial coatings; and production and supply of talc for use in plastics, coatings, technical ceramics, and paper sectors.