Short Interest in Chemtrade Logistics Income Fund (OTCMKTS:CGIFF) Drops By 38.7%

Chemtrade Logistics Income Fund (OTCMKTS:CGIFF) was the recipient of a significant drop in short interest in November. As of November 30th, there was short interest totalling 421,900 shares, a drop of 38.7% from the November 15th total of 688,300 shares. Based on an average trading volume of 33,800 shares, the days-to-cover ratio is currently 12.5 days.

Chemtrade Logistics Income Fund Trading Down 1.1 %

OTCMKTS:CGIFF traded down $0.09 on Friday, hitting $7.96. The stock had a trading volume of 6,559 shares, compared to its average volume of 11,193. The business’s 50-day simple moving average is $8.10 and its two-hundred day simple moving average is $7.42. Chemtrade Logistics Income Fund has a 52-week low of $5.76 and a 52-week high of $8.56.

About Chemtrade Logistics Income Fund

Chemtrade Logistics Income Fund offers industrial chemicals and services in Canada, the United States, and South America. It operates in two segments, Sulphur and Water Chemicals (SWC), and Electrochemicals (EC). The company provides sulphuric acid, spent acid processing services, and inorganic coagulants for water treatment, sodium chlorate, sodium nitrite, and sodium hydrosulphite; and sulphur, chloralkali products, and zinc oxide.