Adyen (OTCMKTS:ADYYF) Sees Large Increase in Short Interest

Adyen (OTCMKTS:ADYYF) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totalling 216,600 shares, an increase of 9.1% from the August 31st total of 198,500 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 2,166.0 days.

Adyen Price Performance

Shares of Adyen stock opened at $1,533.00 on Tuesday. The business’s 50 day simple moving average is $1,357.88 and its 200 day simple moving average is $1,366.32. Adyen has a 52-week low of $660.00 and a 52-week high of $1,754.57.

About Adyen

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.