Sika AG (OTCMKTS:SXYAY) Short Interest Update

Sika AG (OTCMKTS:SXYAY) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totalling 45,800 shares, a growth of 874.5% from the December 31st total of 4,700 shares. Based on an average daily trading volume, of 462,800 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Separately, Barclays lowered Sika from a “strong-buy” rating to a “strong sell” rating in a research note on Monday, January 6th.

Sika Trading Up 1.2 %

Shares of SXYAY traded up $0.31 during midday trading on Thursday, hitting $25.83. The stock had a trading volume of 109,344 shares, compared to its average volume of 210,245. Sika has a 1 year low of $23.25 and a 1 year high of $33.52. The stock’s 50 day moving average is $24.93 and its 200 day moving average is $28.13.

Sika Company Profile

Sika AG, a specialty chemicals company, develops, produces, and sells systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and motor vehicle industry worldwide. The company offers tile adhesives and grouts, systems for under-tile waterproofing, sound reduction, renders, decorative finishes for exterior and interior walls, as well as exterior insulation finishing system; develops admixtures and additives for concrete, cement, and mortar production; and flat roofing systems.