Clariant AG (OTCMKTS:CLZNY) Short Interest Down 82.4% in February

Clariant AG (OTCMKTS:CLZNY) was the recipient of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 300 shares, a decrease of 82.4% from the February 13th total of 1,700 shares. Based on an average daily trading volume, of 4,600 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

CLZNY has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Clariant in a research note on Wednesday, March 5th. Citigroup restated a “buy” rating on shares of Clariant in a report on Tuesday. Finally, Berenberg Bank downgraded Clariant from a “strong-buy” rating to a “hold” rating in a report on Monday, March 3rd.

Clariant Trading Up 12.2 %

Shares of CLZNY stock traded up $1.41 during trading hours on Friday, hitting $13.00. 402 shares of the company were exchanged, compared to its average volume of 1,835. The firm has a fifty day simple moving average of $11.88 and a 200 day simple moving average of $13.16. Clariant has a 52-week low of $10.71 and a 52-week high of $17.47.

About Clariant

Clariant AG engages in the development, manufacture, distribution, and sale of specialty chemicals worldwide. The Care Chemicals segment offers specialty chemicals and application solutions for various applications in automotive fluids, aviation, construction chemicals, crop solutions, health care, home care, industrial lubricants, paints and coatings, personal care, and special solvents.