Short Interest in Covestro AG Sponsored ADR (OTCMKTS:COVTY) Declines By 40.3%

Posted by on Jul 2nd, 2026

Covestro AG Sponsored ADR (OTCMKTS:COVTY – Get Free Report) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 40 shares, a decrease of 40.3% from the May 31st total of 67 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 5,260 shares, the days-to-cover ratio is currently 0.0 days.

Covestro Trading Up 3.5%

Covestro stock traded up $1.15 during midday trading on Thursday, reaching $34.08. The stock had a trading volume of 2,461 shares, compared to its average volume of 4,010. Covestro has a twelve month low of $31.62 and a twelve month high of $36.60. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.53 and a quick ratio of 0.88. The firm has a market cap of $14.15 billion, a price-to-earnings ratio of -13.47 and a beta of 0.91. The firm’s fifty day simple moving average is $34.27 and its two-hundred day simple moving average is $34.54.

About Covestro

(Get Free Report)

Covestro AG is a leading global manufacturer of high-performance polymer materials. Established in 2015 following its spin-off from Bayer MaterialScience, the company builds on a legacy of innovation dating back to the early 20th century. Covestro develops and produces a wide range of plastics and coatings designed to meet the evolving needs of various industrial sectors.

The company’s core product portfolio includes polyurethanes, polycarbonates and specialty coatings, adhesives, sealants and elastomers.

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