Croda International Plc (OTCMKTS:COIHY) Short Interest Down 52.5% in March

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

Croda International Stock Performance

Shares of COIHY stock traded up $0.40 during trading hours on Friday, hitting $19.13. The company’s stock had a trading volume of 21,952 shares, compared to its average volume of 83,681. The company has a quick ratio of 1.67, a current ratio of 2.72 and a debt-to-equity ratio of 0.26. The company has a 50 day moving average of $20.26 and a 200 day moving average of $22.41. Croda International has a 12-month low of $18.56 and a 12-month high of $31.95.

Croda International Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, June 12th. Shareholders of record on Friday, April 11th will be given a dividend of $0.407 per share. This is an increase from Croda International’s previous dividend of $0.26. The ex-dividend date of this dividend is Friday, April 11th.

Wall Street Analysts Forecast Growth

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

Croda International Company Profile

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.