OCI (OTCMKTS:OCINF) Short Interest Down 22.9% in November

OCI (OTCMKTS:OCINF) was the target of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 1,520,400 shares, a drop of 22.9% from the October 31st total of 1,972,500 shares. Based on an average daily volume of 6,000 shares, the days-to-cover ratio is currently 253.4 days.

OCI Price Performance

Shares of OCI stock traded down $0.03 on Friday, hitting $11.58. The stock had a trading volume of 200 shares, compared to its average volume of 2,610. OCI has a twelve month low of $11.15 and a twelve month high of $32.65. The business’s 50 day moving average is $20.14 and its two-hundred day moving average is $24.68.

OCI Company Profile

OCI N.V. produces and distributes hydrogen-based and natural gas-based products to agricultural, transportation, and industrial customers. It operates through Methanol US, Methanol Europe, and Nitrogen Europe segments. The company offers anhydrous ammonia, granular urea, urea ammonium nitrate solution, calcium ammonium nitrate, ammonium sulphate, ammonium nitrate + sulphur, renewable and lower carbon ammonia, nitric acid, bio-methanol, methanol, melamine, carbon dioxide, and diesel exhaust fluid, as well as other nitrogen products.