Wacker Chemie AG (OTCMKTS:WKCMF) Sees Significant Growth in Short Interest

Wacker Chemie AG (OTCMKTS:WKCMF) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 86,000 shares, a growth of 118.3% from the March 31st total of 39,400 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 860.0 days.

Wacker Chemie Stock Performance

OTCMKTS WKCMF opened at $111.35 on Friday. The firm has a 50-day moving average of $113.65 and a 200-day moving average of $116.50. Wacker Chemie has a 52-week low of $98.50 and a 52-week high of $158.59.

Wacker Chemie Company Profile

Wacker Chemie AG, together with its subsidiaries, provides chemical products worldwide. It operates through four divisions: Wacker Silicones, Wacker Polymers, Wacker Biosolutions, and Wacker Polysilicon. The Wacker Silicones division offers silanes, siloxanes, silicone fluids, silicone emulsions, silicone elastomers, silicone resins, and pyrogenic silica.