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

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

OCI Price Performance

OTCMKTS OCINF opened at $8.00 on Friday. OCI has a twelve month low of $7.50 and a twelve month high of $32.65. The business’s fifty day moving average is $10.55 and its 200 day moving average is $12.08.

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.