OCI (OTCMKTS:OCINF) Sees Large Growth in Short Interest

OCI (OTCMKTS:OCINF) saw a significant increase in short interest in February. As of February 28th, there was short interest totalling 1,371,500 shares, an increase of 22.2% from the February 13th total of 1,121,900 shares. Based on an average daily volume of 2,400 shares, the short-interest ratio is presently 571.5 days.

OCI Price Performance

OCINF stock remained flat at $11.96 during midday trading on Wednesday. OCI has a 1-year low of $11.00 and a 1-year high of $32.65. The business’s fifty day simple moving average is $11.59 and its two-hundred day simple moving average is $16.52.

OCI Company Profile

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.