OCI (OTCMKTS:OCINF – Get Free Report) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 693,668 shares, an increase of 300.2% from the April 30th total of 173,317 shares. Based on an average daily volume of 2,273 shares, the short-interest ratio is presently 305.2 days.
OCI Price Performance
Shares of OCI stock remained flat at $4.45 during trading on Friday. The stock had a trading volume of 1,100 shares, compared to its average volume of 2,400. The business’s 50 day simple moving average is $4.24 and its two-hundred day simple moving average is $3.99. OCI has a 12 month low of $3.36 and a 12 month high of $9.14.
OCI Company Profile
OCI N.V. (OTCMKTS: OCINF) is a global producer of natural gas-based fertilizers and industrial chemical products. The company’s core offerings include ammonia, urea, urea ammonium nitrate (UAN), melamine and methanol, serving agricultural and industrial customers around the world. OCI markets its products through an integrated network of production facilities, distribution terminals and commercial offices across Europe, North America, the Middle East and Asia.
Formed in 2015 through a spin-off of fertilizer assets from OCI Global Holdings, OCI N.V.
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