Short Interest in Chemtrade Logistics Income Fund (OTCMKTS:CGIFF) Rises By 18.0%

Chemtrade Logistics Income Fund (OTCMKTS:CGIFF) saw a large increase in short interest in January. As of January 31st, there was short interest totalling 421,000 shares, an increase of 18.0% from the January 15th total of 356,800 shares. Based on an average trading volume of 13,700 shares, the days-to-cover ratio is presently 30.7 days.

Chemtrade Logistics Income Fund Stock Performance

OTCMKTS CGIFF remained flat at $7.08 on Friday. 16,930 shares of the company traded hands, compared to its average volume of 12,008. The company’s 50-day moving average price is $7.39 and its two-hundred day moving average price is $7.61. Chemtrade Logistics Income Fund has a 12 month low of $5.76 and a 12 month high of $8.56.

About Chemtrade Logistics Income Fund

Chemtrade Logistics Income Fund offers industrial chemicals and services in Canada, the United States, and South America. It operates in two segments, Sulphur and Water Chemicals (SWC), and Electrochemicals (EC). The company provides sulphuric acid, spent acid processing services, and inorganic coagulants for water treatment, sodium chlorate, sodium nitrite, and sodium hydrosulphite; and sulphur, chloralkali products, and zinc oxide.