Evonik Industries AG (OTCMKTS:EVKIF) Stock Short Interest Jumps 74.3%

Evonik Industries AG (OTCMKTS:EVKIF) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 517,983 shares, a growth of 74.3% from the August 31st total of 297,244 shares. Based on an average trading volume of 58 shares, the days-to-cover ratio is currently 8,930.7 days.

Evonik Industries Stock Performance

Shares of Evonik Industries stock remained flat at $23.00 on Thursday. The company’s stock had a trading volume of 102 shares, compared to its average volume of 391. Evonik Industries has a twelve month low of $14.49 and a twelve month high of $23.93. The company’s 50 day moving average price is $21.31 and its two-hundred day moving average price is $19.96.

About Evonik Industries

Evonik Industries AG is a Germany-based specialty chemicals company headquartered in Essen. The company develops and manufactures chemical products and solutions used by manufacturers in industries including automotive, construction, agriculture, consumer goods, health care, energy and electronics.

Its product portfolio includes specialty additives for coatings, plastics, polyurethane foams and lubricants; high-performance materials such as engineered polymers and silica; and ingredients for animal nutrition, personal care, cosmetics and pharmaceutical applications.