Evonik Industries AG (OTCMKTS:EVKIF) Short Interest Down 24.3% in July

Evonik Industries AG (OTCMKTS:EVKIF) was the recipient of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 929,800 shares, adecreaseof24.3% from the July 15th total of 1,229,000 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 9,298.0 days. Based on an average daily volume of 100 shares, the short-interest ratio is currently 9,298.0 days.

Evonik Industries Price Performance

Shares of EVKIF stock opened at $19.36 on Friday. Evonik Industries has a fifty-two week low of $16.05 and a fifty-two week high of $24.50. The stock’s fifty day moving average price is $20.69 and its two-hundred day moving average price is $21.15.

About Evonik Industries

Evonik Industries AG produces specialty chemicals in the Asia-Pacific, Europe, the Middle East, Africa, Central and South America, and North America. It operates through Specialty Additives, Nutrition & Care, Smart Materials, Performance Materials, and Technology & Infrastructure segments. The Specialty Additives segment provides additives for polyurethane; additives, matting agents, fumed silicas, and specialty resins for paints, coatings, and printing inks; isophorone and epoxy curing agents for coatings, adhesives, and composites; and pour-point depressants, and viscosity index improvers for coatings for oil and other lubricants for construction machinery and automotive sector.