Evonik Industries AG (OTCMKTS:EVKIF) Short Interest Up 34.8% in September

Evonik Industries AG (OTCMKTS:EVKIF) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 315,100 shares, an increase of 34.8% from the September 15th total of 233,700 shares. Based on an average trading volume of 1,000 shares, the short-interest ratio is presently 315.1 days.

Evonik Industries Price Performance

EVKIF stock remained flat at $23.03 during trading on Monday. Evonik Industries has a 52 week low of $16.90 and a 52 week high of $23.40. The company’s 50 day moving average price is $21.27 and its 200 day moving average price is $20.55.

About Evonik Industries

Evonik Industries AG produces specialty chemicals in the Asia-Pacific, Europe, the Middle East, Africa, Central and South America, and North America. It operates through Specialty Additives, Nutrition & Care, Smart Materials, Performance Materials, and Technology & Infrastructure segments. The Specialty Additives segment provides additives for polyurethane; additives, matting agents, fumed silicas, and specialty resins for paints, coatings, and printing inks; isophorone and epoxy curing agents for coatings, adhesives, and composites; and pour-point depressants, and viscosity index improvers for coatings for oil and other lubricants for construction machinery and automotive sector.