Wacker Chemie AG (OTCMKTS:WKCMF) Sees Significant Growth in Short Interest

Wacker Chemie AG (OTCMKTS:WKCMF) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 119,100 shares, an increase of 27.0% from the August 31st total of 93,800 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is presently 397.0 days.

Wacker Chemie Price Performance

Shares of OTCMKTS:WKCMF opened at $89.66 on Friday. The business has a fifty day simple moving average of $94.17 and a 200-day simple moving average of $105.57. Wacker Chemie has a 52 week low of $85.65 and a 52 week high of $140.15.

Wacker Chemie Company Profile

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.