Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY) Stock Short Interest Jumps 99.7%

Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 3,819 shares, an increase of 99.7% from the September 30th total of 1,912 shares. Based on an average daily trading volume, of 37,226 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Umicore Stock Down 4.8%

Shares of OTCMKTS UMICY opened at $4.89 on Friday. Umicore has a twelve month low of $4.08 and a twelve month high of $7.68. The stock has a fifty day simple moving average of $5.99 and a 200-day simple moving average of $5.87.

Umicore Company Profile

Umicore is a Belgium-based materials technology and recycling company serving customers worldwide. The company develops and produces materials used in transportation, energy storage, electronics, chemicals and other industrial applications, with an emphasis on sustainability, resource efficiency and the circular economy.

Its activities include battery materials, such as cathode materials and related solutions for rechargeable batteries; automotive and industrial catalysts; and specialty materials used in electronics and other high-technology applications.