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

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

Wacker Chemie Price Performance

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

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.