Short Interest in OCI (OTCMKTS:OCINF) Expands By 22.2%

OCI (OTCMKTS:OCINF) was the target of a significant growth in short interest in February. As of February 28th, there was short interest totalling 1,371,500 shares, a growth of 22.2% from the February 13th total of 1,121,900 shares. Based on an average daily trading volume, of 2,400 shares, the days-to-cover ratio is currently 571.5 days.

OCI Price Performance

OCINF opened at $11.72 on Thursday. The stock’s 50-day moving average price is $11.59 and its 200 day moving average price is $16.49. OCI has a 12-month low of $11.00 and a 12-month high of $32.65.

About OCI

OCI N.V. produces and distributes hydrogen-based and natural gas-based products to agricultural, transportation, and industrial customers. It operates through Methanol US, Methanol Europe, and Nitrogen Europe segments. The company offers anhydrous ammonia, granular urea, urea ammonium nitrate solution, calcium ammonium nitrate, ammonium sulphate, ammonium nitrate + sulphur, renewable and lower carbon ammonia, nitric acid, bio-methanol, methanol, melamine, carbon dioxide, and diesel exhaust fluid, as well as other nitrogen products.