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

Croda International Plc (OTCMKTS:COIHY) saw a significant decline in short interest during the month of 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 trading volume of 82,000 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. The Goldman Sachs Group cut shares of Croda International from a “hold” rating to a “strong sell” rating in a research report on Friday. UBS Group raised Croda International to a “strong-buy” rating in a report on Wednesday, February 12th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Croda International Stock Up 0.5 %

OTCMKTS:COIHY traded up $0.08 during mid-day trading on Tuesday, reaching $17.49. 106,768 shares of the stock were exchanged, 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. Croda International has a 1 year low of $16.40 and a 1 year high of $31.07. The company has a 50 day simple moving average of $19.52 and a 200-day simple moving average of $21.60.

Croda International Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, June 12th. Shareholders of record on Friday, April 11th will be given a dividend of $0.407 per share. This is an increase from Croda International’s previous dividend of $0.26. The ex-dividend date of this dividend 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.