Short Interest in Chemtrade Logistics Income Fund (OTCMKTS:CGIFF) Drops By 38.7%

Chemtrade Logistics Income Fund (OTCMKTS:CGIFF) was the recipient of a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 421,900 shares, a decline of 38.7% from the November 15th total of 688,300 shares. Based on an average trading volume of 33,800 shares, the short-interest ratio is currently 12.5 days.

Chemtrade Logistics Income Fund Stock Performance

CGIFF stock traded down $0.09 during trading on Friday, hitting $7.96. The company had a trading volume of 6,559 shares, compared to its average volume of 11,193. Chemtrade Logistics Income Fund has a 1-year low of $5.76 and a 1-year high of $8.56. The firm has a 50-day moving average price of $8.10 and a 200-day moving average price of $7.42.

About Chemtrade Logistics Income Fund

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.