Croda International PLC Unsponsored ADR (OTCMKTS:COIHY) Sees Significant Growth in Short Interest

Croda International PLC Unsponsored ADR (OTCMKTS:COIHY) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 6,830 shares, a growth of 3,033.0% from the August 15th total of 218 shares. Based on an average daily volume of 6,324 shares, the short-interest ratio is currently 1.1 days. Approximately 0.0% of the shares of the company are sold short.

Croda International Price Performance

COIHY opened at $21.59 on Friday. The company has a 50 day simple moving average of $21.38 and a two-hundred day simple moving average of $20.21. The company has a current ratio of 1.99, a quick ratio of 1.18 and a debt-to-equity ratio of 0.21. Croda International has a 1-year low of $16.68 and a 1-year high of $23.81.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Croda International from a “strong sell” rating to a “hold” rating in a research note on Monday, June 22nd. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Croda International has an average rating of “Moderate Buy”.

About Croda International

Croda International plc is a specialty chemicals company that develops and manufactures high-performance ingredients and technologies for a range of industrial and consumer applications. Its products are designed to improve the performance, stability, texture, and sustainability of formulations used by manufacturers and other commercial customers.

The company serves markets including personal care, home care, health care, pharmaceuticals, crop protection, coatings, polymers, lubricants, and other industrial specialties.