Sika AG (OTCMKTS:SXYAY) Sees Significant Increase in Short Interest

Sika AG (OTCMKTS:SXYAY) saw a significant growth in short interest in December. As of December 15th, there was short interest totalling 4,700 shares, a growth of 161.1% from the November 30th total of 1,800 shares. Based on an average daily volume of 232,100 shares, the days-to-cover ratio is currently 0.0 days.

Sika Price Performance

Shares of OTCMKTS SXYAY traded down $0.34 on Friday, reaching $23.97. 328,891 shares of the company’s stock traded hands, compared to its average volume of 66,974. The business’s 50 day simple moving average is $26.56 and its two-hundred day simple moving average is $28.90. Sika has a 12 month low of $23.40 and a 12 month high of $33.52.

About Sika

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.