Elementis (OTCMKTS:ELMTY) Short Interest Down 86.5% in April

Elementis (OTCMKTS:ELMTY) saw a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 5 shares, a drop of 86.5% from the April 15th total of 37 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 35 shares, the days-to-cover ratio is currently 0.1 days.

Elementis Price Performance

Shares of Elementis stock remained flat at $7.46 during trading on Wednesday. The stock has a 50 day moving average of $8.57 and a two-hundred day moving average of $8.58. The company has a quick ratio of 1.05, a current ratio of 1.92 and a debt-to-equity ratio of 0.29. Elementis has a 52-week low of $7.31 and a 52-week high of $10.65.

Elementis Company Profile

Elementis plc is a London?headquartered specialty chemicals company that develops, manufactures and supplies performance additives and specialty products to a wide range of industrial and consumer markets. The company focuses on high?value, application?specific solutions that enhance the performance of its customers’ products across coatings, personal care, oil and gas, mining and adhesives sectors.

Elementis operates two principal divisions. The Performance Additives arm offers rheology modifiers, defoamers, antifoams, wetting agents and other functional chemistries used in paints and coatings, emulsion polymers, inks, sealants and industrial fluids.