Short Interest in Clariant AG (OTCMKTS:CLZNY) Grows By 1,100.0%

Clariant AG (OTCMKTS:CLZNY) saw a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 1,200 shares, an increase of 1,100.0% from the November 15th total of 100 shares. Based on an average daily volume of 1,500 shares, the short-interest ratio is presently 0.8 days.

Analyst Ratings Changes

Separately, Citigroup raised Clariant to a “strong-buy” rating in a report on Wednesday, August 14th.

Clariant Stock Performance

Clariant stock traded up $0.66 during trading on Wednesday, reaching $12.77. 1,369 shares of the company were exchanged, compared to its average volume of 632. The stock’s 50 day simple moving average is $13.88 and its two-hundred day simple moving average is $15.19. Clariant has a 52-week low of $11.76 and a 52-week high of $17.47.

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.