Croda International Plc (OTCMKTS:COIHY) Short Interest Down 52.5% in March

Croda International Plc (OTCMKTS:COIHY) was the target of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 77,100 shares, a decline of 52.5% from the February 28th total of 162,200 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 55,700 shares, the short-interest ratio is presently 1.4 days.

Analyst Ratings Changes

Separately, UBS Group upgraded shares of Croda International to a “strong-buy” rating in a research note on Wednesday, February 12th.

Croda International Trading Up 2.1 %

Shares of COIHY stock traded up $0.40 during mid-day trading on Friday, hitting $19.13. The company’s stock had a trading volume of 21,952 shares, compared to its average volume of 83,681. The company has a quick ratio of 1.67, a current ratio of 2.72 and a debt-to-equity ratio of 0.26. Croda International has a 52-week low of $18.56 and a 52-week high of $31.95. The business has a 50-day moving average price of $20.26 and a 200 day moving average price of $22.43.

Croda International Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, June 12th. Shareholders of record on Friday, April 11th will be given a $0.407 dividend. This is a positive change from Croda International’s previous dividend of $0.26. The ex-dividend date is Friday, April 11th.

Croda International Company Profile

Croda International Plc engages in the consumer care, life science, and industrial specialty businesses in in Europe, the Middle East, Africa, North America, Asia, and Latin America. The company offers speciality and active ingredients across beauty care, beauty actives, and home care products, as well as fragrances and flavours.