Short Interest in Clariant AG (OTCMKTS:CLZNF) Declines By 22.3%

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Clariant AG (OTCMKTS:CLZNF) was the target of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 625,200 shares, a drop of 22.3% from the March 31st total of 804,600 shares. Based on an average daily trading volume, of 400 shares, the short-interest ratio is presently 1,563.0 days.

CLZNF remained flat at $$21.25 on Tuesday. Clariant has a 52-week low of $20.82 and a 52-week high of $21.25. The stock’s fifty day moving average price is $20.64 and its 200 day moving average price is $19.85.

About Clariant

Clariant AG, together with its subsidiaries, develops, manufactures, distributes, and sells specialty chemicals worldwide. It operates in three segments: Care Chemicals, Catalysis, Natural Resources. The company offers flame retardants, performance additives, and advanced surface solutions for use in plastics, coatings, inks, and other applications; and catalysts for the petrochemical and refining, synthesis gas, chemical, emissions control, specialty zeolites and zeolite-based, and custom catalyst markets.

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