Wacker Chemie AG (OTCMKTS:WKCMF) Short Interest Down 32.8% in July

Wacker Chemie AG (OTCMKTS:WKCMF) was the target of a significant drop in short interest in the month of July. As of July 15th, there was short interest totalling 49,200 shares, a drop of 32.8% from the June 30th total of 73,200 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 492.0 days.

Wacker Chemie Price Performance

Shares of WKCMF stock opened at $102.20 on Friday. The company’s 50 day moving average is $108.92 and its 200 day moving average is $110.50. Wacker Chemie has a 52-week low of $98.50 and a 52-week high of $154.67.

About Wacker Chemie

Wacker Chemie AG, together with its subsidiaries, provides chemical products worldwide. It operates through four divisions: Wacker Silicones, Wacker Polymers, Wacker Biosolutions, and Wacker Polysilicon. The Wacker Silicones division offers silanes, siloxanes, silicone fluids, silicone emulsions, silicone elastomers, silicone resins, and pyrogenic silica.