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

Clariant AG (OTCMKTS:CLZNY) saw a large 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 trading volume of 4,600 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Several brokerages have issued reports on CLZNY. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Clariant in a report on Wednesday, March 5th. Citigroup restated a “buy” rating on shares of Clariant in a research report on Tuesday. Finally, Berenberg Bank lowered shares of Clariant from a “strong-buy” rating to a “hold” rating in a report on Monday, March 3rd.

Clariant Stock Down 4.1 %

Clariant stock traded down $0.49 during trading on Wednesday, reaching $11.59. The stock had a trading volume of 702 shares, compared to its average volume of 1,872. Clariant has a 52-week low of $10.71 and a 52-week high of $17.47. The business has a 50 day moving average price of $11.85 and a 200 day moving average price of $13.17.

Clariant Company Profile

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.