Will Z C L COMPOSITES INC ORDINARY SHARES (OTCMKTS:ZCLCF) Run Out of Steam Soon? Short Interest Is Down

June 16, 2018 - By Kurt Siggers

ZCL Composites Inc. (OTCMKTS:ZCLCF) Logo

The stock of Z C L COMPOSITES INC ORDINARY SHARES (OTCMKTS:ZCLCF) registered a decrease of 7.38% in short interest. ZCLCF’s total short interest was 11,300 shares in June as published by FINRA. Its down 7.38% from 12,200 shares, reported previously. With 100 shares average volume, it will take short sellers 113 days to cover their ZCLCF’s short positions. The short interest to Z C L COMPOSITES INC ORDINARY SHARES’s float is 0.04%.

It closed at $6.8396 lastly. It is up 0.00% since June 16, 2017 and is . It has underperformed by 12.57% the S&P500.

ZCL Composites Inc. designs, manufactures, and supplies fiberglass reinforced plastic underground storage tanks in Canada, the United States, and internationally. The company has market cap of $210.37 million. The firm operates through three divisions: Petroleum Products, Water Products, and Industrial Products. It has a 14.84 P/E ratio. The Petroleum Products segment provides underground fuel storage tanks for the downstream retail and commercial markets; tanks for midstream pipelines; tanks for the gas and oil exploration companies; Phoenix System that allows in-situ upgrades of steel or fiberglass tanks; and Parabeam, a three-dimensional glass fabric.

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