Short Interest in Evonik Industries AG (OTCMKTS:EVKIF) Expands By 141.8%

Evonik Industries AG (OTCMKTS:EVKIF) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 671,100 shares, an increase of 141.8% from the February 28th total of 277,600 shares. Based on an average daily volume of 900 shares, the short-interest ratio is currently 745.7 days.

Evonik Industries Stock Performance

OTCMKTS:EVKIF opened at $22.53 on Friday. Evonik Industries has a fifty-two week low of $16.05 and a fifty-two week high of $24.50. The firm has a 50-day simple moving average of $19.88 and a two-hundred day simple moving average of $19.98.

Evonik Industries Company Profile

Evonik Industries AG produces specialty chemicals in the Asia-Pacific, Europe, the Middle East, Africa, Central and South America, and North America. It operates through Specialty Additives, Nutrition & Care, Smart Materials, Performance Materials, and Technology & Infrastructure segments. The Specialty Additives segment provides additives for polyurethane; additives, matting agents, fumed silicas, and specialty resins for paints, coatings, and printing inks; isophorone and epoxy curing agents for coatings, adhesives, and composites; and pour-point depressants, and viscosity index improvers for coatings for oil and other lubricants for construction machinery and automotive sector.