Short Interest in Umicore SA (OTCMKTS:UMICY) Drops By 87.5%

Umicore SA (OTCMKTS:UMICY) saw a large drop in short interest in January. As of January 15th, there was short interest totalling 3,400 shares, a drop of 87.5% from the December 31st total of 27,200 shares. Based on an average daily volume of 654,900 shares, the short-interest ratio is presently 0.0 days.

Umicore Trading Down 0.6 %

Shares of OTCMKTS UMICY traded down $0.02 during mid-day trading on Wednesday, reaching $2.58. 185,037 shares of the company’s stock were exchanged, compared to its average volume of 202,167. Umicore has a 52 week low of $2.44 and a 52 week high of $6.09. The firm has a 50-day moving average price of $2.61 and a two-hundred day moving average price of $2.91.

About Umicore

Umicore SA operates as a materials technology and recycling company in Belgium, rest of Europe, the Asia-Pacific, North America, South America, and Africa. It operates through Catalysis, Energy & Surface Technologies, and Recycling segments. The Catalysis segment provides automotive catalysts for gasoline, and diesel light and heavy-duty diesel applications, including on-road and non-road vehicles; stationary catalysis for industrial emissions control; and produces precious metals-based compounds and catalysts for use in the pharmaceutical and fine chemicals industries, as well as fuel cell applications.