Incitec Pivot Limited (OTC:ICPVF) Sees Large Decline in Short Interest

Incitec Pivot Limited (OTC:ICPVF) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 111,100 shares, a decrease of 31.1% from the September 30th total of 161,300 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Incitec Pivot Stock Performance

ICPVF stock remained flat at $2.21 during mid-day trading on Monday. The company has a fifty day moving average price of $1.96 and a 200 day moving average price of $1.72. Incitec Pivot has a 12-month low of $1.37 and a 12-month high of $2.21.

About Incitec Pivot

Incitec Pivot Limited, together with its subsidiaries, manufactures and distributes industrial explosives, industrial chemicals, and fertilizers in Australia, the United States, the Asia Pacific, Turkey, France, and internationally. It offers ammonium nitrate, nitrogen-based fertilizer, ammonia, di/mono-ammonium phosphate, and single super phosphate.