Croda International Plc (OTCMKTS:COIHY) Sees Large Decrease in Short Interest

Croda International Plc (OTCMKTS:COIHY - Get Free Report) saw a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 77,100 shares, a drop of 52.5% from the February 28th total of 162,200 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 55,700 shares, the days-to-cover ratio is presently 1.4 days.

Croda International Trading Down 0.4 %

Shares of Croda International stock traded down $0.07 during trading on Tuesday, hitting $19.06. The stock had a trading volume of 48,307 shares, compared to its average volume of 82,987. The company has a current ratio of 2.72, a quick ratio of 1.67 and a debt-to-equity ratio of 0.26. The business has a fifty day moving average of $20.23 and a two-hundred day moving average of $22.34. Croda International has a fifty-two week low of $18.56 and a fifty-two week high of $31.95.

Croda International Increases Dividend

The firm also recently announced 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 positive change from Croda International's previous dividend of $0.26.

Wall Street Analyst Weigh In

Separately, UBS Group raised Croda International to a "strong-buy" rating in a report on Wednesday, February 12th.

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.