Elementis (OTCMKTS:ELMTY – Get Free Report) saw a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 5 shares, a drop of 86.5% from the April 15th total of 37 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 35 shares, the days-to-cover ratio is currently 0.1 days.
Elementis Price Performance
OTCMKTS ELMTY remained flat at $7.46 during trading hours on Tuesday. The company had a trading volume of 100 shares, compared to its average volume of 16. Elementis has a one year low of $7.31 and a one year high of $10.65. The company has a current ratio of 1.92, a quick ratio of 1.05 and a debt-to-equity ratio of 0.29. The business’s 50-day moving average is $8.62 and its 200-day moving average is $8.59.
About Elementis
Elementis plc is a London‐headquartered specialty chemicals company that develops, manufactures and supplies performance additives and specialty products to a wide range of industrial and consumer markets. The company focuses on high‐value, application‐specific solutions that enhance the performance of its customers’ products across coatings, personal care, oil and gas, mining and adhesives sectors.
Elementis operates two principal divisions. The Performance Additives arm offers rheology modifiers, defoamers, antifoams, wetting agents and other functional chemistries used in paints and coatings, emulsion polymers, inks, sealants and industrial fluids.
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