Short Interest in Chemtrade Logistics Income Fund (OTCMKTS:CGIFF) Drops By 8.3%

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

Chemtrade Logistics Income Fund Price Performance

CGIFF stock opened at $7.56 on Wednesday. The company’s 50-day moving average price is $7.97 and its two-hundred day moving average price is $7.52. Chemtrade Logistics Income Fund has a 12 month low of $5.76 and a 12 month high of $8.56.

Chemtrade Logistics Income Fund Company Profile

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.