Clariant AG (OTCMKTS:CLZNF) Sees Large Increase in Short Interest

Clariant AG (OTCMKTS:CLZNF) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 1,167,400 shares, a growth of 18.0% from the December 15th total of 989,000 shares. Based on an average daily volume of 1,700 shares, the short-interest ratio is currently 686.7 days.

Clariant Price Performance

Shares of CLZNF stock remained flat at $11.55 during trading hours on Friday. Clariant has a 12 month low of $11.55 and a 12 month high of $16.30. The business’s 50-day simple moving average is $12.66 and its two-hundred day simple moving average is $14.44.

About Clariant

Clariant AG engages in the development, manufacture, distribution, and sale of specialty chemicals worldwide. The Care Chemicals segment offers specialty chemicals and application solutions for various applications in automotive fluids, aviation, construction chemicals, crop solutions, health care, home care, industrial lubricants, paints and coatings, personal care, and special solvents.