Croda International Plc (OTCMKTS:COIHY) Short Interest Update

Croda International Plc (OTCMKTS:COIHY – Get Rating) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totalling 5,200 shares, a growth of 271.4% from the April 30th total of 1,400 shares. Based on an average daily volume of 8,200 shares, the short-interest ratio is presently 0.6 days.

Analyst Ratings Changes

COIHY has been the topic of a number of research analyst reports. Morgan Stanley cut their target price on Croda International from GBX 7,700 ($95.77) to GBX 7,100 ($88.31) in a research report on Friday, May 19th. Berenberg Bank dropped their price target on Croda International from GBX 84 ($1.04) to GBX 80 ($1.00) in a research report on Friday, March 3rd.

Croda International Price Performance

COIHY stock traded up $0.16 on Friday, reaching $38.79. The company had a trading volume of 12,944 shares, compared to its average volume of 4,682. Croda International has a 1 year low of $34.61 and a 1 year high of $46.94. The company’s fifty day moving average is $41.42 and its 200 day moving average is $41.52.

Croda International Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, June 12th. Investors of record on Friday, April 28th will be paid a $0.3193 dividend. The ex-dividend date of this dividend is Thursday, April 27th. This represents a yield of 1.3%. This is a positive change from Croda International’s previous dividend of $0.25.

Croda International Company Profile

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Croda International Plc engages in the manufacture and sale of specialty chemicals. It operates through the following business segments: Consumer Care, Life Sciences, and Industrial Specialties. The Consumer Care segment offers specialty sustainable skin care, hair care, and solar protection ingredients.