SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) Short Interest Up 159.4% in December

SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 125,926 shares, a growth of 159.4% from the November 30th total of 48,554 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 481,331 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 481,331 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are short sold.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Zacks Research lowered SIKA from a “hold” rating to a “strong sell” rating in a research note on Tuesday, December 9th. Deutsche Bank Aktiengesellschaft cut SIKA to a “hold” rating in a research note on Monday, December 8th. Barclays upgraded SIKA from a “strong sell” rating to a “hold” rating in a research report on Friday, November 28th. Rothschild Redb raised shares of SIKA from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. Finally, Morgan Stanley restated an “overweight” rating on shares of SIKA in a research note on Tuesday, September 2nd. Three equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

SIKA Stock Performance

Shares of OTCMKTS SXYAY traded up $0.04 during midday trading on Friday, reaching $20.60. 332,214 shares of the stock were exchanged, compared to its average volume of 251,014. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.66 and a quick ratio of 1.17. The firm has a 50-day simple moving average of $19.84 and a two-hundred day simple moving average of $22.64. SIKA has a twelve month low of $18.29 and a twelve month high of $27.52.

SIKA Company Profile

Sika AG is a Switzerland-based specialty chemicals company that develops and manufactures systems and products for bonding, sealing, damping, reinforcing and protecting in the building sector and in industrial manufacturing. Founded in 1910 and headquartered in Baar, Switzerland, Sika is best known for its portfolio of construction chemicals and industrial adhesives that serve new construction, refurbishment and industrial production applications.

The company’s product range includes concrete admixtures and repair mortars, sealants and adhesives, waterproofing membranes and roofing systems, flooring systems, façade and structural bonding solutions, and vibration-damping and acoustic solutions for industry.