Croda International Plc (OTCMKTS:COIHY) Short Interest Up 70.6% in September

Croda International Plc (OTCMKTS:COIHY) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 5,800 shares, an increase of 70.6% from the September 15th total of 3,400 shares. Based on an average daily volume of 9,300 shares, the days-to-cover ratio is presently 0.6 days.

Croda International Trading Up 0.4 %

Shares of OTCMKTS:COIHY traded up $0.11 during trading on Friday, reaching $27.21. The company had a trading volume of 33,067 shares, compared to its average volume of 36,957. Croda International has a twelve month low of $23.96 and a twelve month high of $33.52. The firm’s fifty day moving average is $26.35 and its 200 day moving average is $27.46.

Croda International Cuts Dividend

The company also recently declared a dividend, which will be paid on Wednesday, October 23rd. Stockholders of record on Friday, September 6th will be given a dividend of $0.2635 per share. The ex-dividend date is Friday, September 6th.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Berenberg Bank raised Croda International to a “strong-buy” rating in a report on Thursday, August 1st. Barclays raised Croda International to a “hold” rating in a report on Friday, July 26th.

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.