Adyen (OTCMKTS:ADYEY) Sees Significant Drop in Short Interest

Adyen (OTCMKTS:ADYEY) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 303,500 shares, a drop of 15.2% from the December 31st total of 357,700 shares. Based on an average daily volume of 971,800 shares, the days-to-cover ratio is presently 0.3 days.

Adyen Stock Down 1.3 %

Shares of Adyen stock traded down $0.21 on Friday, hitting $16.07. The company had a trading volume of 380,775 shares, compared to its average volume of 594,819. Adyen has a twelve month low of $10.78 and a twelve month high of $17.27. The stock has a 50-day moving average of $15.18 and a 200-day moving average of $14.40.

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.