Is WACKER CHEMIE AG MUENCHEN ORDINARY SHARE (OTCMKTS:WKCMF)’s Fuel Running High? Reports Show Less Sellers

July 16, 2018 - By Kristin Houston

Wacker Chemie AG (OTCMKTS:WKCMF) Logo

The stock of WACKER CHEMIE AG MUENCHEN ORDINARY SHARE (OTCMKTS:WKCMF) registered a decrease of 7% in short interest. WKCMF’s total short interest was 1.04M shares in July as published by FINRA. Its down 7% from 1.12M shares, reported previously. With 100 shares average volume, it will take short sellers 10372 days to cover their WKCMF’s short positions. The short interest to WACKER CHEMIE AG MUENCHEN ORDINARY SHARE’s float is 5.64%.

The stock increased 1.81% or $2.45 during the last trading session, reaching $137.7. About 88 shares traded or 144.44% up from the average. Wacker Chemie AG (OTCMKTS:WKCMF) has 0.00% since July 16, 2017 and is . It has underperformed by 12.57% the S&P500.

Wacker Chemie AG provides specialty chemical products worldwide. The company has market cap of $6.86 billion. It operates through five divisions: Wacker Silicones, Wacker Polymers, Wacker Biosolutions, Wacker Polysilicon, and Siltronic. It has a 20.26 P/E ratio. The Wacker Silicones division offers silanes, siloxanes, silicone fluids and emulsions, elastomers, resins, pyrogenic silica, and organofunctional silanes, which are primarily used as starting materials in the production of silicones.

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