Umicore SA (OTCMKTS:UMICY) Sees Significant Increase in Short Interest

Umicore SA (OTCMKTS:UMICY) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 27,200 shares, an increase of 36.0% from the November 30th total of 20,000 shares. Based on an average trading volume of 463,700 shares, the short-interest ratio is presently 0.1 days.

Umicore Trading Down 1.2 %

Shares of OTCMKTS:UMICY opened at $2.56 on Monday. The company’s 50-day moving average price is $2.74 and its 200 day moving average price is $3.09. Umicore has a fifty-two week low of $2.44 and a fifty-two week high of $6.88.

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.