Short Interest in Clariant AG (OTCMKTS:CLZNY) Grows By ∞

Clariant AG (OTCMKTS:CLZNY) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 1 shares, an increase of ∞ from the May 31st total of 0 shares. Based on an average daily volume of 351 shares, the days-to-cover ratio is currently 0.0 days.

Clariant Price Performance

Shares of CLZNY opened at $9.86 on Wednesday. Clariant has a 1 year low of $8.45 and a 1 year high of $12.16. The company has a 50 day simple moving average of $10.13 and a two-hundred day simple moving average of $9.88.

Analyst Ratings Changes

CLZNY has been the topic of several recent analyst reports. The Goldman Sachs Group upgraded shares of Clariant from a “strong sell” rating to a “hold” rating in a research report on Monday, June 15th. Zacks Research downgraded shares of Clariant from a “hold” rating to a “strong sell” rating in a report on Wednesday, May 27th. Three investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Clariant has a consensus rating of “Reduce”.

About Clariant

Clariant AG is a Switzerland-based specialty chemicals company that traces its roots back to a spin-off from Sandoz in 1995. Headquartered in Muttenz near Basel, the firm develops, manufactures and markets a broad portfolio of chemical solutions for industries worldwide. While its primary listing is on the SIX Swiss Exchange, Clariant’s shares also trade OTC under the symbol CLZNY, reflecting its global investor reach.

The company operates through three core segments: Care Chemicals, Catalysis and Natural Resources.