Short Interest in Evonik Industries AG (OTCMKTS:EVKIF) Rises By 27.7%

Evonik Industries AG (OTCMKTS:EVKIF) was the recipient of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 277,600 shares, a growth of 27.7% from the February 13th total of 217,300 shares. Based on an average trading volume of 1,200 shares, the days-to-cover ratio is presently 231.3 days.

Evonik Industries Stock Performance

Evonik Industries stock opened at $23.63 on Tuesday. The company’s 50-day moving average price is $18.80 and its 200-day moving average price is $19.87. Evonik Industries has a twelve month low of $16.05 and a twelve month high of $24.50.

Evonik Industries Company Profile

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.