Sika AG (OTCMKTS:SXYAY) Short Interest Down 45.9% in September

Sika AG (OTCMKTS:SXYAY) saw a large drop in short interest during the month of September. As of September 30th, there was short interest totalling 4,600 shares, a drop of 45.9% from the September 15th total of 8,500 shares. Based on an average daily volume of 63,900 shares, the short-interest ratio is currently 0.1 days.

Sika Stock Performance

Shares of SXYAY traded down $0.04 on Friday, reaching $29.83. 31,498 shares of the stock traded hands, compared to its average volume of 54,711. The stock’s 50-day moving average price is $30.91 and its 200-day moving average price is $30.00. Sika has a 12 month low of $23.17 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.