Evonik Industries AG (OTCMKTS:EVKIF – Get Free Report) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 600,729 shares, an increase of 73.1% from the July 15th total of 347,062 shares. Based on an average daily volume of 33 shares, the days-to-cover ratio is currently 18,203.9 days.
Evonik Industries Price Performance
OTCMKTS EVKIF remained flat at $20.97 during trading hours on Monday. Evonik Industries has a 52-week low of $14.49 and a 52-week high of $21.30. The business’s 50 day moving average is $18.83 and its two-hundred day moving average is $18.73.
Evonik Industries Company Profile
Evonik Industries AG is a Germany-based specialty chemicals company headquartered in Essen. Formed in 2007 through the carve-out of the chemicals division of RAG AG, the firm traces its origins to the Degussa chemical group, whose roots extend more than a century. Today, Evonik is recognized as one of the world’s leading providers of specialty chemicals, serving a broad array of industrial and consumer markets.
The company’s operations are organized into core business segments that include Nutrition & Care, Resource Efficiency and Performance Materials.
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