It Seems UMICORE GROUP ORDINARY SHARES (OTCMKTS:UMICF) Will Go Up. Just Reported Less Shorted Shares

March 14, 2018 - By Nellie Frank

The stock of UMICORE GROUP ORDINARY SHARES (OTCMKTS:UMICF) registered a decrease of 11.16% in short interest. UMICF’s total short interest was 1.31 million shares in March as published by FINRA. Its down 11.16% from 1.48 million shares, reported previously. With 800 shares average volume, it will take short sellers 1641 days to cover their UMICF’s short positions. The short interest to UMICORE GROUP ORDINARY SHARES’s float is 0.71%.

The stock decreased 0.04% or $0.02 during the last trading session, reaching $56. About 50 shares traded. Umicore S.A. (OTCMKTS:UMICF) has 0.00% since March 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Umicore S.A. operates as a materials technology and recycling firm worldwide. The company has market cap of $13.78 billion. The Company’s Catalysis segment produces automotive catalysts for emission abatement in light and heavy duty vehicles, as well as catalyst products used in chemical processes, such as the fine chemical and life science industries. It has a 47.14 P/E ratio. The company??s Energy & Surface Technologies segment offers cobalt and specialty materials, electro-optic materials, rechargeable battery materials, and thin film products, as well as electroplating products; and material solutions for surface treatment in various industries, such as construction and electronics.

More notable recent Umicore S.A. (OTCMKTS:UMICF) news were published by: which released: “EV battery part maker Umicore to sell 10% of its shares” on February 08, 2018, also with their article: “Umicore announces changes to its Executive Committee and Board” published on March 06, 2018, published: “Umicore Says Cobalt Recycling Could Help Power Millions of EVs” on February 14, 2018. More interesting news about Umicore S.A. (OTCMKTS:UMICF) were released by: and their article: “Cobalt in old smartphones could be used to power EVs, Umicore chief says” published on February 12, 2018 as well as‘s news article titled: “Umicore – Transparency notifications by BlackRock, Inc” with publication date: March 02, 2018.

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