Evonik Industries AG (OTCMKTS:EVKIF – Get Free Report) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 347,062 shares, a growth of 97.7% from the June 30th total of 175,571 shares. Based on an average trading volume of 70 shares, the days-to-cover ratio is presently 4,958.0 days.
Evonik Industries Price Performance
Shares of OTCMKTS:EVKIF opened at $18.71 on Thursday. The company has a 50-day moving average price of $19.14 and a 200-day moving average price of $18.35. Evonik Industries has a 12 month low of $14.49 and a 12 month high of $22.22.
About Evonik Industries
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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