Croda International Plc (OTCMKTS:COIHY) Short Interest Down 67.7% in March

Croda International Plc (OTCMKTS:COIHY) saw a large decline in short interest in March. As of March 31st, there was short interest totalling 24,900 shares, a decline of 67.7% from the March 15th total of 77,100 shares. Based on an average daily volume of 82,000 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the shares of the stock are sold short.

Analysts Set New Price Targets

A number of research firms have recently issued reports on COIHY. The Goldman Sachs Group lowered Croda International from a “hold” rating to a “strong sell” rating in a research note on Friday. UBS Group raised Croda International to a “strong-buy” rating in a research note on Wednesday, February 12th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Croda International Trading Up 0.5 %

Shares of OTCMKTS:COIHY traded up $0.08 during trading on Tuesday, hitting $17.49. The company’s stock had a trading volume of 106,768 shares, compared to its average volume of 83,478. The company has a current ratio of 2.72, a quick ratio of 1.67 and a debt-to-equity ratio of 0.26. The stock’s 50-day moving average price is $19.52 and its two-hundred day moving average price is $21.60. Croda International has a fifty-two week low of $16.40 and a fifty-two week high of $31.07.

Croda International Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, June 12th. Stockholders of record on Friday, April 11th will be given a $0.407 dividend. This is a positive change from Croda International’s previous dividend of $0.26. The ex-dividend date is Friday, April 11th.

About Croda International

Croda International Plc engages in the consumer care, life science, and industrial specialty businesses in in Europe, the Middle East, Africa, North America, Asia, and Latin America. The company offers speciality and active ingredients across beauty care, beauty actives, and home care products, as well as fragrances and flavours.