Short Interest in Wacker Chemie AG (OTCMKTS:WKCMF) Declines By 21.3%

Wacker Chemie AG (OTCMKTS:WKCMF) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totalling 91,900 shares, a decline of 21.3% from the September 30th total of 116,800 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 459.5 days.

Wacker Chemie Price Performance

OTCMKTS:WKCMF opened at $90.09 on Friday. The stock’s 50 day simple moving average is $93.33 and its 200-day simple moving average is $102.73. Wacker Chemie has a 12-month low of $85.65 and a 12-month high of $129.85.

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.