IMCD (OTCMKTS:IMCDY) Short Interest Down 86.2% in May

IMCD (OTCMKTS:IMCDY) was the recipient of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 1,692 shares, a drop of 86.2% from the April 30th total of 12,230 shares. Based on an average daily trading volume, of 127,866 shares, the short-interest ratio is presently 0.0 days.

IMCD Price Performance

IMCDY traded up $0.07 during midday trading on Thursday, reaching $51.75. 7,737 shares of the company were exchanged, compared to its average volume of 64,499. IMCD has a one year low of $39.76 and a one year high of $69.77. The stock’s 50-day simple moving average is $52.91 and its 200 day simple moving average is $48.52.

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.