OCI (OTCMKTS:OCINF) Sees Large Growth in Short Interest

OCI (OTCMKTS:OCINF) was the recipient of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 1,972,500 shares, an increase of 24.5% from the October 15th total of 1,583,900 shares. Based on an average trading volume of 1,600 shares, the days-to-cover ratio is currently 1,232.8 days.

OCI Price Performance

OTCMKTS:OCINF remained flat at $12.00 during trading hours on Friday. The company’s stock had a trading volume of 18 shares, compared to its average volume of 2,566. OCI has a 52-week low of $11.35 and a 52-week high of $32.65. The company’s fifty day simple moving average is $23.77 and its 200 day simple moving average is $25.78.

OCI Company Profile

OCI N.V. produces and distributes hydrogen-based and natural gas-based products to agricultural, transportation, and industrial customers. It operates through Methanol US, Methanol Europe, and Nitrogen Europe segments. The company offers anhydrous ammonia, granular urea, urea ammonium nitrate solution, calcium ammonium nitrate, ammonium sulphate, ammonium nitrate + sulphur, renewable and lower carbon ammonia, nitric acid, bio-methanol, methanol, melamine, carbon dioxide, and diesel exhaust fluid, as well as other nitrogen products.