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

Chemtrade Logistics Income Fund (OTCMKTS:CGIFF) saw a large decrease in short interest in December. As of December 15th, there was short interest totalling 386,700 shares, a decrease of 8.3% from the November 30th total of 421,900 shares. Based on an average daily trading volume, of 20,500 shares, the days-to-cover ratio is currently 18.9 days.

Chemtrade Logistics Income Fund Stock Performance

CGIFF stock traded up $0.08 during midday trading on Tuesday, hitting $7.56. The company’s stock had a trading volume of 17,235 shares, compared to its average volume of 11,369. Chemtrade Logistics Income Fund has a 52-week low of $5.76 and a 52-week high of $8.56. The firm has a 50-day simple moving average of $7.98 and a 200-day simple moving average of $7.51.

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.