Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY) Short Interest Update

Umicore S.A. – Unsponsored ADR (OTCMKTS:UMICY) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totaling 10,137 shares, a decrease of 73.8% from the April 30th total of 38,687 shares. Based on an average daily trading volume, of 104,998 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Umicore Price Performance

Shares of OTCMKTS UMICY opened at $7.46 on Friday. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.35 and a quick ratio of 0.75. The firm has a fifty day moving average of $5.62 and a 200-day moving average of $5.32. Umicore has a 52-week low of $2.65 and a 52-week high of $7.68.

Analyst Ratings Changes

Several brokerages have recently issued reports on UMICY. The Goldman Sachs Group raised shares of Umicore from a “neutral” rating to a “buy” rating in a research report on Wednesday, May 13th. Zacks Research raised shares of Umicore to a “hold” rating in a research note on Tuesday, May 19th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, Umicore presently has an average rating of “Moderate Buy”.

Umicore Company Profile

Umicore is a global materials technology and recycling company headquartered in Brussels, Belgium. The company specializes in the development and manufacture of advanced materials and catalysts that support clean mobility, energy storage and sustainable resource management. Its activities span the refining and recovery of precious metals, the production of emission control catalysts for the automotive industry, and the sourcing of materials for rechargeable batteries.

Umicore operates through three main business units: Catalysis, Energy & Surface Technologies, and Recycling.