Today Innospec Inc (NASDAQ:IOSP) Reported Decrease in Shorted Shares

Innospec Inc. (NASDAQ:IOSP) Logo

The stock of Innospec Inc (NASDAQ:IOSP) registered a decrease of 4% in short interest. IOSP’s total short interest was 359,900 shares in September as published by FINRA. Its down 4% from 374,900 shares, reported previously. With 106,800 shares average volume, it will take short sellers 3 days to cover their IOSP’s short positions. The short interest to Innospec Inc’s float is 1.5%.

The stock increased 1.07% or $1.01 during the last trading session, reaching $95.49. About 121,270 shares traded. Innospec Inc. (NASDAQ:IOSP) has risen 19.11% since September 13, 2018 and is uptrending. It has outperformed by 19.11% the S&P500.

Innospec Inc. develops, manufactures, blends, markets, and supplies fuel additives, oilfield chemicals, personal care products, and other specialty chemicals to gas and oil exploration and production, oil refinery, fuel users, personal care formulation, home care, agrochemical and mining formulation, and other chemical and industrial companies worldwide. The company has market cap of $2.34 billion. It operates through four divisions: Fuel Specialties, Performance Chemicals, Oilfield Services, and Octane Additives. It has a 25.59 P/E ratio. The Fuel Specialties segment offers a range of specialty chemical products used as additives in various fuels.

More notable recent Innospec Inc. (NASDAQ:IOSP) news were published by: Bizjournals.com which released: “Chemical company to add dozens of jobs in Charlotte region – Charlotte Business Journal” on August 30, 2019, also Globenewswire.com with their article: “Innospec Announces Investment & Streamlining of European Facilities – GlobeNewswire” published on October 16, 2018, Globenewswire.com published: “Innospec Schedules First Quarter 2019 Earnings Release and Conference Call – GlobeNewswire” on April 09, 2019. More interesting news about Innospec Inc. (NASDAQ:IOSP) were released by: Globenewswire.com and their article: “Innospec Expands Technology Development in Performance Chemicals – GlobeNewswire” published on January 21, 2019 as well as Nasdaq.com‘s news article titled: “Innospec (IOSP) Up 40% in 6 Months: What’s Driving the Rally? – Nasdaq” with publication date: June 26, 2019.

Innospec Inc. (NASDAQ:IOSP) Institutional Positions Chart

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