Chemtrade Logistics Income Fund (OTCMKTS:CGIFF) Sees Significant Decline in Short Interest

Chemtrade Logistics Income Fund (OTCMKTS:CGIFF) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 386,700 shares, a decrease of 8.3% from the November 30th total of 421,900 shares. Based on an average trading volume of 20,500 shares, the days-to-cover ratio is currently 18.9 days.

Chemtrade Logistics Income Fund Trading Down 0.3 %

Shares of CGIFF stock traded down $0.03 during trading hours on Monday, hitting $7.49. The stock had a trading volume of 16,011 shares, compared to its average volume of 11,341. The stock’s 50-day moving average price is $7.99 and its two-hundred day moving average price is $7.51. Chemtrade Logistics Income Fund has a one year low of $5.76 and a one year high of $8.56.

About Chemtrade Logistics Income Fund

Chemtrade Logistics Income Fund offers industrial chemicals and services in Canada, the United States, and South America. It operates in two segments, Sulphur and Water Chemicals (SWC), and Electrochemicals (EC). The company provides sulphuric acid, spent acid processing services, and inorganic coagulants for water treatment, sodium chlorate, sodium nitrite, and sodium hydrosulphite; and sulphur, chloralkali products, and zinc oxide.