Short Interest in Croda International PLC Unsponsored ADR (OTCMKTS:COIHY) Increases By 30,000.0%

Key Points

• Short interest in Croda International PLC surged by 30,000.0%, rising from 100 shares at the end of August to 30,100 shares by mid-September.
• The company recently announced a dividend payment of $0.2558 per share with a yield of 361.0%, scheduled for October 22nd.
• Croda International received mixed analyst ratings, with one upgrade to a "strong-buy" and another downgrade to "strong sell," leading to an average rating of "Hold."

Croda International PLC Unsponsored ADR (OTCMKTS:COIHY - Get Free Report) saw a significant growth in short interest in September. As of September 15th, there was short interest totaling 30,100 shares, a growth of 30,000.0% from the August 31st total of 100 shares. Based on an average trading volume of 260,400 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 260,400 shares, the short-interest ratio is presently 0.1 days.

Croda International Stock Up 0.5%

Croda International stock traded up $0.09 during mid-day trading on Tuesday, hitting $18.12. The company's stock had a trading volume of 39,603 shares, compared to its average volume of 61,582. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.19 and a current ratio of 2.07. The business has a 50 day moving average price of $17.40 and a 200-day moving average price of $19.00. Croda International has a 12 month low of $16.26 and a 12 month high of $28.76.

Croda International Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Monday, September 1st will be paid a dividend of $0.2558 per share. This represents a dividend yield of 361.0%. The ex-dividend date of this dividend is Friday, August 29th.

Analyst Ratings Changes

Several brokerages recently issued reports on COIHY. Barclays upgraded shares of Croda International from a "hold" rating to a "strong-buy" rating in a research report on Friday. Kepler Capital Markets upgraded shares of Croda International to a "strong sell" rating in a research report on Monday, June 30th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, Croda International has an average rating of "Hold".

Croda International Company Profile

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.

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