OCI (OTCMKTS:OCINF) Short Interest Up 26.0% in April

OCI (OTCMKTS:OCINF) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 1,177,200 shares, an increase of 26.0% from the March 31st total of 934,600 shares. Based on an average daily volume of 800 shares, the days-to-cover ratio is presently 1,471.5 days.

OCI Price Performance

Shares of OTCMKTS:OCINF traded up $0.43 during trading on Tuesday, reaching $26.03. 121 shares of the company’s stock traded hands, compared to its average volume of 1,923. The company has a 50-day simple moving average of $26.61 and a 200-day simple moving average of $25.89. OCI has a fifty-two week low of $18.90 and a fifty-two week high of $29.98.

OCI Company Profile

OCI N.V. produces and distributes hydrogen-based and natural gas-based products to agricultural, transportation, and industrial customers. It operates through Methanol US, Methanol Europe, and Nitrogen Europe segments. The company offers anhydrous ammonia, granular urea, urea ammonium nitrate solution, calcium ammonium nitrate, ammonium sulphate, ammonium nitrate + sulphur, renewable and lower carbon ammonia, nitric acid, bio-methanol, methanol, melamine, carbon dioxide, and diesel exhaust fluid, as well as other nitrogen products.