OCI (OTCMKTS:OCINF) Sees Significant Increase in Short Interest

OCI (OTCMKTS:OCINF) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 2,540,600 shares, an increase of 37.0% from the March 31st total of 1,854,100 shares. Based on an average daily trading volume, of 2,800 shares, the days-to-cover ratio is presently 907.4 days.

OCI Stock Performance

Shares of OTCMKTS:OCINF opened at $8.00 on Friday. The firm has a 50 day moving average of $10.55 and a 200-day moving average of $12.08. OCI has a 12 month low of $7.50 and a 12 month high of $32.65.

About OCI

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.