Clariant AG (OTCMKTS:CLZNY) Short Interest Down 82.4% in February

Clariant AG (OTCMKTS:CLZNY) was the recipient of a large decline in short interest in February. As of February 28th, there was short interest totalling 300 shares, a decline of 82.4% from the February 13th total of 1,700 shares. Based on an average daily volume of 4,600 shares, the short-interest ratio is presently 0.1 days.

Clariant Price Performance

CLZNY stock opened at $11.59 on Thursday. Clariant has a 1 year low of $10.71 and a 1 year high of $17.47. The company has a fifty day simple moving average of $11.85 and a 200 day simple moving average of $13.16.

Wall Street Analysts Forecast Growth

CLZNY has been the subject of a number of research reports. Citigroup reissued a “buy” rating on shares of Clariant in a research note on Tuesday. Berenberg Bank lowered shares of Clariant from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 3rd. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Clariant in a research note on Wednesday, March 5th.

Clariant Company Profile

Clariant AG engages in the development, manufacture, distribution, and sale of specialty chemicals worldwide. The Care Chemicals segment offers specialty chemicals and application solutions for various applications in automotive fluids, aviation, construction chemicals, crop solutions, health care, home care, industrial lubricants, paints and coatings, personal care, and special solvents.