Croda International Plc (OTCMKTS:COIHY) Short Interest Update

Croda International Plc (OTCMKTS:COIHY) saw a large growth in short interest in the month of August. As of August 15th, there was short interest totalling 4,600 shares, a growth of 1,433.3% from the July 31st total of 300 shares. Based on an average daily volume of 46,200 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

COIHY has been the subject of several recent analyst reports. Berenberg Bank upgraded Croda International to a “strong-buy” rating in a research note on Thursday, August 1st. Barclays upgraded shares of Croda International to a “hold” rating in a research report on Friday, July 26th.

Croda International Price Performance

Shares of COIHY stock opened at $26.90 on Wednesday. The company has a quick ratio of 1.77, a current ratio of 2.84 and a debt-to-equity ratio of 0.25. Croda International has a 12-month low of $23.96 and a 12-month high of $35.92. The stock’s 50-day moving average price is $25.58 and its 200-day moving average price is $28.32.

Croda International Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, October 23rd. Shareholders of record on Friday, September 6th will be paid a $0.2635 dividend. The ex-dividend date of this dividend is Friday, September 6th.

Croda International Company Profile

Croda International Plc engages in the consumer care, life science, and industrial specialty businesses in in Europe, the Middle East, Africa, North America, Asia, and Latin America. The company offers speciality and active ingredients across beauty care, beauty actives, and home care products, as well as fragrances and flavours.