Elementis (OTCMKTS:ELMTY) Sees Significant Increase in Short Interest

Elementis (OTCMKTS:ELMTY) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totalling 300 shares, a growth of 200.0% from the June 30th total of 100 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.0% of the company’s shares are sold short.

Elementis Price Performance

Shares of OTCMKTS ELMTY opened at $8.61 on Thursday. The business’s 50 day moving average is $7.84 and its two-hundred day moving average is $7.46. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.64 and a quick ratio of 1.48. Elementis has a 1-year low of $8.61 and a 1-year high of $9.20.

Elementis Company Profile

Elementis plc operates as a specialty chemical company in the United Kingdom, rest of Europe, North America, and internationally. It operates in two segments, Performance Specialties and Personal Care. The Performance Specialties segment engages in the production of rheological modifiers and additives for decorative and industrial coatings; and production and supply of talc for use in plastics, coatings, technical ceramics, and paper sectors.