Short Interest in Croda International Plc (OTCMKTS:COIHY) Grows By 227.0%

Croda International Plc (OTCMKTS:COIHY) saw a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 162,200 shares, an increase of 227.0% from the February 13th total of 49,600 shares. Based on an average daily trading volume, of 395,000 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the company’s shares are sold short.

Analysts Set New Price Targets

Separately, UBS Group raised shares of Croda International to a “strong-buy” rating in a research note on Wednesday, February 12th.

Croda International Stock Performance

COIHY stock opened at $20.09 on Friday. The business’s fifty day moving average price is $20.41 and its 200 day moving average price is $22.92. Croda International has a 12-month low of $19.00 and a 12-month high of $32.18. The company has a current ratio of 2.72, a quick ratio of 1.67 and a debt-to-equity ratio of 0.26.

Croda International Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, June 12th. Stockholders of record on Friday, April 11th will be given a dividend of $0.407 per share. The ex-dividend date is Friday, April 11th. This is a boost from Croda International’s previous dividend of $0.26.

About Croda International

Croda International Plc engages in the consumer care, life science, and industrial specialty businesses in in Europe, the Middle East, Africa, North America, Asia, and Latin America. The company offers speciality and active ingredients across beauty care, beauty actives, and home care products, as well as fragrances and flavours.