Croda International Plc (OTCMKTS:COIHY) Short Interest Up 144.1% in May

Croda International Plc (OTCMKTS:COIHY - Get Free Report) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 47,600 shares, an increase of 144.1% from the April 30th total of 19,500 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 85,300 shares, the short-interest ratio is presently 0.6 days.

Croda International Price Performance

Croda International stock traded up $0.03 during mid-day trading on Monday, reaching $20.80. 25,140 shares of the company's stock traded hands, compared to its average volume of 74,608. Croda International has a 12-month low of $16.40 and a 12-month high of $29.50. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.72 and a quick ratio of 1.67. The stock has a 50 day moving average of $19.45 and a two-hundred day moving average of $20.33.

Croda International Increases Dividend

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

Wall Street Analyst Weigh In

A number of brokerages have weighed in on COIHY. UBS Group upgraded shares of Croda International to a "strong-buy" rating in a research note on Wednesday, February 12th. The Goldman Sachs Group cut Croda International from a "hold" rating to a "strong sell" rating in a research report on Friday, April 11th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, Croda International has an average rating of "Moderate Buy".

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.