Short Interest in OCI (OTCMKTS:OCINF) Drops By 31.3%

OCI (OTCMKTS:OCINF) saw a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 1,167,900 shares, a decrease of 31.3% from the December 31st total of 1,699,300 shares. Based on an average trading volume of 11,800 shares, the days-to-cover ratio is presently 99.0 days.

OCI Price Performance

Shares of OTCMKTS:OCINF traded down $0.14 during trading on Friday, hitting $11.60. The company’s stock had a trading volume of 205 shares, compared to its average volume of 7,173. The company has a 50-day moving average of $11.50 and a 200-day moving average of $20.24. OCI has a 12 month low of $11.05 and a 12 month high of $32.65.

About OCI

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.