Umicore SA (OTCMKTS:UMICY) Sees Significant Decline in Short Interest

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

Umicore Trading Down 2.6 %

OTCMKTS:UMICY opened at $2.43 on Thursday. The firm has a fifty day simple moving average of $2.45 and a 200-day simple moving average of $2.67. Umicore has a 12 month low of $2.13 and a 12 month high of $6.09.

About Umicore

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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.

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