IMCD (OTCMKTS:IMDZF) Sees Significant Growth in Short Interest

IMCD (OTCMKTS:IMDZF) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totalling 169,600 shares, an increase of 11.7% from the June 15th total of 151,800 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

IMCD Price Performance

OTCMKTS:IMDZF remained flat at $137.20 during midday trading on Tuesday. The firm’s 50 day simple moving average is $152.13 and its 200 day simple moving average is $159.25. IMCD has a fifty-two week low of $114.72 and a fifty-two week high of $180.78.

About IMCD

IMCD N.V. distributes, markets, and sells specialty chemicals and ingredients in the Netherlands, rest of Europe, the Middle East, Africa, North America, South America, and the Asia-Pacific. The company provides adhesives, core materials, filler reinforcements, flame retardants, masterbatch, modifiers, operating materials, pigments, plasticizers, processing aids, PUR raw materials, rubber elastomers, solvents, stabilizers, thermoplastic elastomers, thermoplastics, thermoplastics, and other additives.