Umicore SA (OTCMKTS:UMICY) Short Interest Down 97.0% in March

Umicore SA (OTCMKTS:UMICY) saw a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 100 shares, a decline of 97.0% from the February 28th total of 3,300 shares. Based on an average daily volume of 285,100 shares, the days-to-cover ratio is presently 0.0 days.

Umicore Stock Performance

UMICY traded up $0.22 during trading on Friday, reaching $2.65. 142,743 shares of the company were exchanged, compared to its average volume of 158,375. The company’s 50-day moving average is $2.45 and its two-hundred day moving average is $2.67. Umicore has a 12-month low of $2.13 and a 12-month high of $6.09.

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.