Croda International Plc (OTCMKTS:COIHY) Short Interest Update

Croda International Plc (OTCMKTS:COIHY – Get Rating) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 5,200 shares, a growth of 271.4% from the April 30th total of 1,400 shares. Based on an average daily volume of 8,200 shares, the days-to-cover ratio is currently 0.6 days.

Analyst Ratings Changes

COIHY has been the subject of a number of analyst reports. Berenberg Bank decreased their price objective on Croda International from GBX 84 ($1.04) to GBX 80 ($1.00) in a research note on Friday, March 3rd. Morgan Stanley reduced their target price on Croda International from GBX 7,700 ($95.77) to GBX 7,100 ($88.31) in a research report on Friday, May 19th.

Croda International Trading Up 0.4 %

OTCMKTS:COIHY traded up $0.16 during mid-day trading on Friday, hitting $38.79. 12,944 shares of the company’s stock traded hands, compared to its average volume of 4,682. The company has a fifty day moving average of $41.42 and a 200 day moving average of $41.52. Croda International has a twelve month low of $34.61 and a twelve month high of $46.94.

Croda International Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, June 12th. Stockholders of record on Friday, April 28th will be issued a $0.3193 dividend. The ex-dividend date of this dividend is Thursday, April 27th. This is a positive change from Croda International’s previous dividend of $0.25. This represents a dividend yield of 1.3%.

About Croda International

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Croda International Plc engages in the manufacture and sale of specialty chemicals. It operates through the following business segments: Consumer Care, Life Sciences, and Industrial Specialties. The Consumer Care segment offers specialty sustainable skin care, hair care, and solar protection ingredients.