Short Interest in OCI (OTCMKTS:OCINF) Rises By 80.0%

OCI (OTCMKTS:OCINF) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 631,600 shares, an increase of 80.0% from the September 30th total of 350,900 shares. Based on an average trading volume of 500 shares, the short-interest ratio is currently 1,263.2 days. Based on an average trading volume of 500 shares, the short-interest ratio is currently 1,263.2 days.

OCI Price Performance

OCINF stock opened at $4.10 on Monday. OCI has a 1 year low of $4.10 and a 1 year high of $27.94. The company has a fifty day simple moving average of $4.89 and a 200 day simple moving average of $7.24.

Wall Street Analysts Forecast Growth

Separately, Citigroup reaffirmed a “neutral” rating on shares of OCI in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

OCI Company Profile

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.