Could PQ Group Holdings Inc (NYSE:PQG) Change Direction After Less Shorts?

June 6, 2018 - By Kenneth Lin

The stock of PQ Group Holdings Inc (NYSE:PQG) registered a decrease of 11.95% in short interest. PQG’s total short interest was 364,800 shares in June as published by FINRA. Its down 11.95% from 414,300 shares, reported previously. With 105,000 shares average volume, it will take short sellers 4 days to cover their PQG’s short positions. The short interest to PQ Group Holdings Inc’s float is 0.79%.

The stock increased 0.17% or $0.03 during the last trading session, reaching $17.5. About 41,424 shares traded. PQ Group Holdings Inc. (NYSE:PQG) has 0.00% since June 6, 2017 and is . It has underperformed by 12.57% the S&P500.

PQ Group Holdings Inc. provides catalysts, specialty materials and chemicals, and services. The company has market cap of $2.37 billion. The firm operates through two divisions, Environmental Catalysts and Services: and Performance Materials and Chemicals. It currently has negative earnings. It primarily offers refinery catalysts, emissions control catalysts, and catalyst recycling services for fuels emissions controls use; silica gels for edible oil and beer clarification; precipitated silicas and zeolites for the surface coating, dentifrice, and dishwasher and laundry detergent applications; reflective markings for roadways and airports; and hollow glass beads or microspheres for cement additive, metal finishing, and oil well cement uses.

PQ Group Holdings Inc. (NYSE:PQG) Ratings Chart

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