Short Interest in Elementis plc (OTCMKTS:ELMTY) Decreases By 50.0%

Elementis plc (OTCMKTS:ELMTY) was the target of a large decrease in short interest in the month of January. As of January 15th, there was short interest totalling 100 shares, a decrease of 50.0% from the December 31st total of 200 shares. Based on an average daily trading volume, of 500 shares, the short-interest ratio is currently 0.2 days.

Elementis Stock Performance

Shares of ELMTY stock remained flat at $7.35 during trading hours on Wednesday. 1 shares of the stock traded hands, compared to its average volume of 0. The business’s fifty day moving average is $7.50 and its two-hundred day moving average is $8.07. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.29 and a current ratio of 2.32. Elementis has a 52-week low of $7.10 and a 52-week high of $7.35.

Analyst Upgrades and Downgrades

Separately, Barclays raised shares of Elementis to a “strong-buy” rating in a research note on Wednesday, October 2nd.

About Elementis

Elementis plc operates as a specialty chemical company in the United Kingdom, rest of Europe, North America, and internationally. It operates in two segments, Performance Specialties and Personal Care. The Performance Specialties segment engages in the production of rheological modifiers and additives for decorative and industrial coatings; and production and supply of talc for use in plastics, coatings, technical ceramics, and paper sectors.