Will CHEMTRADE LOGISTICS INCOME FUND ORDINARY (OTCMKTS:CGIFF) Run Out of Steam Soon? Short Interest Is Down

May 19, 2018 - By Clifton Ray

The stock of CHEMTRADE LOGISTICS INCOME FUND ORDINARY (OTCMKTS:CGIFF) registered a decrease of 12.82% in short interest. CGIFF’s total short interest was 60,500 shares in May as published by FINRA. Its down 12.82% from 69,400 shares, reported previously. With 1,200 shares average volume, it will take short sellers 50 days to cover their CGIFF’s short positions. The short interest to CHEMTRADE LOGISTICS INCOME FUND ORDINARY’s float is 0.07%.

The stock increased 3.08% or $0.3636 during the last trading session, reaching $12.1636. About 1,575 shares traded. Chemtrade Logistics Income Fund (OTCMKTS:CGIFF) has 0.00% since May 19, 2017 and is . It has underperformed by 11.55% the S&P500.

Chemtrade Logistics Income Fund provides industrial chemicals and services in North America and internationally. The company has market cap of $1.12 billion. The Company’s Sulphur Products & Performance Chemicals segment removes and/or produces merchant, regenerated, and ultra pure sulphuric acid, sodium hydrosulphite, elemental sulphur, liquid sulphur dioxide, hydrogen sulphide, and sodium bisulphite. It has a 10.17 P/E ratio. This segment also offers industrial services, such as processing by-products and waste streams.

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