Chemtrade Logistics Income Fund (OTCMKTS:CGIFF) Sees Large Decline in Short Interest

Chemtrade Logistics Income Fund (OTCMKTS:CGIFF) was the target of a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 688,300 shares, a decline of 6.5% from the October 31st total of 735,900 shares. Based on an average daily trading volume, of 22,200 shares, the short-interest ratio is currently 31.0 days.

Chemtrade Logistics Income Fund Trading Up 0.8 %

Shares of OTCMKTS CGIFF traded up $0.07 during midday trading on Tuesday, hitting $8.52. The company’s stock had a trading volume of 6,216 shares, compared to its average volume of 11,179. Chemtrade Logistics Income Fund has a 1-year low of $5.76 and a 1-year high of $8.55. The firm’s fifty day moving average price is $8.08 and its 200-day moving average price is $7.34.

About Chemtrade Logistics Income Fund

Chemtrade Logistics Income Fund offers industrial chemicals and services in Canada, the United States, and South America. It operates in two segments, Sulphur and Water Chemicals (SWC), and Electrochemicals (EC). The company provides sulphuric acid, spent acid processing services, and inorganic coagulants for water treatment, sodium chlorate, sodium nitrite, and sodium hydrosulphite; and sulphur, chloralkali products, and zinc oxide.