Short Interest in Wacker Chemie AG (OTCMKTS:WKCMF) Drops By 45.1%

Wacker Chemie AG (OTCMKTS:WKCMF) was the target of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 73,300 shares, a decline of 45.1% from the February 28th total of 133,400 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 733.0 days.

Wacker Chemie Price Performance

OTCMKTS WKCMF opened at $88.88 on Friday. The business’s fifty day moving average price is $76.49 and its 200-day moving average price is $80.49. Wacker Chemie has a 1-year low of $63.50 and a 1-year high of $122.31.

About Wacker Chemie

Wacker Chemie AG, together with its subsidiaries, provides chemical products worldwide. It operates through four divisions: Wacker Silicones, Wacker Polymers, Wacker Biosolutions, and Wacker Polysilicon. The Wacker Silicones division offers silanes, siloxanes, silicone fluids, silicone emulsions, silicone elastomers, silicone resins, and pyrogenic silica.