Croda International Plc (OTCMKTS:COIHY) Sees Large Decrease in Short Interest

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

Analysts Set New Price Targets

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

Croda International Stock Up 2.1 %

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

Croda International Increases Dividend

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

About Croda International

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.