Adyen (OTCMKTS:ADYEY – Get Free Report) was the target of a large decrease in short interest during the month of September. As of September 15th, there was short interest totalling 415,400 shares, a decrease of 25.6% from the August 31st total of 558,200 shares. Based on an average daily volume of 995,600 shares, the short-interest ratio is presently 0.4 days.
Adyen Trading Up 0.5 %
OTCMKTS:ADYEY opened at $15.62 on Friday. Adyen has a one year low of $6.56 and a one year high of $17.27. The firm’s 50 day simple moving average is $13.62 and its 200 day simple moving average is $13.71.
Wall Street Analysts Forecast Growth
ADYEY has been the subject of a number of research reports. Citigroup upgraded Adyen to a “strong-buy” rating in a research note on Friday, August 16th. Barclays upgraded Adyen to a “strong-buy” rating in a research report on Friday, August 16th.
Adyen Company Profile
Adyen N.V. operates a payments platform in Europe, the Middle East, Africa, North America, the Asia Pacific, Latin America. The company's platform integrates payments stack that include gateway, risk management, processing, issuing, acquiring, and settlement services. It offers a back-end infrastructure for authorizing.
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