Wacker Chemie AG (OTCMKTS:WKCMF) Sees Large Growth in Short Interest

Wacker Chemie AG (OTCMKTS:WKCMF) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totalling 75,700 shares, a growth of 53.9% from the July 15th total of 49,200 shares. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is currently 75.7 days.

Wacker Chemie Price Performance

Shares of Wacker Chemie stock opened at $91.60 on Friday. Wacker Chemie has a 12-month low of $89.59 and a 12-month high of $151.00. The company’s fifty day simple moving average is $104.51 and its two-hundred day simple moving average is $109.25.

Wacker Chemie Company Profile

Wacker Chemie AG, together with its subsidiaries, provides chemical products worldwide. It operates through four divisions: Wacker Silicones, Wacker Polymers, Wacker Biosolutions, and Wacker Polysilicon. The Wacker Silicones division offers silanes, siloxanes, silicone fluids, silicone emulsions, silicone elastomers, silicone resins, and pyrogenic silica.