Croda International Plc (OTCMKTS:COIHY) Sees Large Increase in Short Interest
From MarketBeat:
Croda International Plc experienced a significant rise in short interest in December, with 10,400 shares shorted, up 44.4% from November 30th. With an average daily trading volume of 32,400 shares, the days-to-cover ratio is 0.3 days.
Several research reports have addressed COIHY. Berenberg Bank lowered its target price from GBX 6,800 to GBX 5,000. JPMorgan Chase & Co. upgraded the stock from “underweight” to “neutral.” Deutsche Bank Aktiengesellschaft decreased their price objective to GBX 4,600, while HSBC lowered the stock from a “buy” to “hold” rating.
COIHY stock traded at $33.28 on Friday, with 10,286 shares exchanged. The stock’s 1-year low is $24.91 and the high is $45.07. The company has a 50-day moving average of $29.53 and a 200-day moving average of $32.15, reflecting a performance below the average of its industry.
Croda International Plc operates in Europe, the Middle East, etc., with three segments focusing on consumer care, life sciences, and industrial specialties. The company offers fabric care, hard surface cleaning, air care, and beauty and personal care products.
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