Short Interest in Umicore SA (OTCMKTS:UMICY) Drops By 87.5%

Umicore SA (OTCMKTS:UMICY) was the recipient of a large drop in short interest in December. As of December 31st, there was short interest totalling 3,400 shares, a drop of 87.5% from the December 15th total of 27,200 shares. Based on an average daily trading volume, of 654,900 shares, the days-to-cover ratio is presently 0.0 days.

Umicore Price Performance

Shares of OTCMKTS UMICY traded down $0.09 during midday trading on Monday, reaching $2.51. The company’s stock had a trading volume of 120,991 shares, compared to its average volume of 224,232. The firm has a 50 day moving average price of $2.67 and a 200-day moving average price of $3.01. Umicore has a 12-month low of $2.44 and a 12-month high of $6.09.

About Umicore

Umicore SA operates as a materials technology and recycling company in Belgium, rest of Europe, the Asia-Pacific, North America, South America, and Africa. It operates through Catalysis, Energy & Surface Technologies, and Recycling segments. The Catalysis segment provides automotive catalysts for gasoline, and diesel light and heavy-duty diesel applications, including on-road and non-road vehicles; stationary catalysis for industrial emissions control; and produces precious metals-based compounds and catalysts for use in the pharmaceutical and fine chemicals industries, as well as fuel cell applications.