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

Sika AG (OTCMKTS:SXYAY) saw a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 11,400 shares, a growth of 2,180.0% from the October 31st total of 500 shares. Based on an average daily volume of 169,100 shares, the short-interest ratio is presently 0.1 days.

Sika Stock Performance

Shares of SXYAY stock traded down $0.27 during trading on Wednesday, reaching $25.69. 117,913 shares of the company’s stock traded hands, compared to its average volume of 57,514. Sika has a 1 year low of $25.60 and a 1 year high of $33.52. The firm’s 50-day moving average is $29.18 and its 200 day moving average is $29.69.

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.