Short Interest in Clariant AG (OTCMKTS:CLZNF) Declines By 15.4%

Clariant AG (OTCMKTS:CLZNF) was the target of a large drop in short interest in November. As of November 15th, there was short interest totalling 957,500 shares, a drop of 15.4% from the October 31st total of 1,131,900 shares. Based on an average trading volume of 1,500 shares, the short-interest ratio is currently 638.3 days.

Clariant Price Performance

OTCMKTS:CLZNF remained flat at $12.76 during mid-day trading on Friday. 75 shares of the company were exchanged, compared to its average volume of 2,287. Clariant has a fifty-two week low of $12.76 and a fifty-two week high of $16.30. The business has a 50 day simple moving average of $14.04 and a 200-day simple moving average of $14.97.

About Clariant

Clariant AG engages in the development, manufacture, distribution, and sale of specialty chemicals worldwide. The Care Chemicals segment offers specialty chemicals and application solutions for various applications in automotive fluids, aviation, construction chemicals, crop solutions, health care, home care, industrial lubricants, paints and coatings, personal care, and special solvents.