Umicore SA (OTCMKTS:UMICY) Short Interest Update

Umicore SA (OTCMKTS:UMICY) saw a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 2,000 shares, an increase of 1,900.0% from the March 15th total of 100 shares. Based on an average daily trading volume, of 244,200 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Oddo Bhf upgraded shares of Umicore to a “neutral” rating in a research note on Thursday, April 3rd.

Umicore Price Performance

UMICY opened at $2.11 on Wednesday. Umicore has a 12 month low of $1.96 and a 12 month high of $6.09. The business has a 50 day simple moving average of $2.35 and a 200-day simple moving average of $2.59.

About Umicore

Umicore SA operates as a materials technology and recycling company in Belgium, rest of Europe, the Asia-Pacific, North America, South America, and Africa. It operates through Catalysis, Energy & Surface Technologies, and Recycling segments. The Catalysis segment provides automotive catalysts for gasoline, and diesel light and heavy-duty diesel applications, including on-road and non-road vehicles; stationary catalysis for industrial emissions control; and produces precious metals-based compounds and catalysts for use in the pharmaceutical and fine chemicals industries, as well as fuel cell applications.