Evonik Industries AG (OTCMKTS:EVKIF) Short Interest Update

Evonik Industries AG (OTCMKTS:EVKIF) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 1,239,063 shares, a decrease of 13.4% from the December 31st total of 1,430,997 shares. Based on an average daily volume of 290 shares, the short-interest ratio is currently 4,272.6 days. Based on an average daily volume of 290 shares, the short-interest ratio is currently 4,272.6 days.

Evonik Industries Price Performance

Shares of EVKIF stock opened at $15.20 on Thursday. The stock’s 50 day simple moving average is $15.15 and its 200 day simple moving average is $17.30. Evonik Industries has a twelve month low of $14.49 and a twelve month high of $24.50.

Evonik Industries Company Profile

Evonik Industries AG is a Germany-based specialty chemicals company headquartered in Essen. Formed in 2007 through the carve-out of the chemicals division of RAG AG, the firm traces its origins to the Degussa chemical group, whose roots extend more than a century. Today, Evonik is recognized as one of the world’s leading providers of specialty chemicals, serving a broad array of industrial and consumer markets.

The company’s operations are organized into core business segments that include Nutrition & Care, Resource Efficiency and Performance Materials.