Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY) Stock Short Interest Jumps 99.7%

Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 3,819 shares, a growth of 99.7% from the September 30th total of 1,912 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 37,226 shares, the short-interest ratio is presently 0.1 days.

Umicore Stock Down 4.8%

Shares of UMICY opened at $4.89 on Friday. Umicore has a fifty-two week low of $4.08 and a fifty-two week high of $7.68. The firm’s 50 day moving average price is $5.99 and its 200 day moving average price is $5.87.

About Umicore

Umicore is a Belgium-based materials technology and recycling company serving customers worldwide. The company develops and produces materials used in transportation, energy storage, electronics, chemicals and other industrial applications, with an emphasis on sustainability, resource efficiency and the circular economy.

Its activities include battery materials, such as cathode materials and related solutions for rechargeable batteries; automotive and industrial catalysts; and specialty materials used in electronics and other high-technology applications.