SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) Short Interest Update

SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totaling 75,331 shares, an increase of 85,503.4% from the March 31st total of 88 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 460,912 shares, the days-to-cover ratio is presently 0.2 days.

SIKA Trading Down 0.6%

Shares of SXYAY stock traded down $0.11 during mid-day trading on Friday, reaching $18.52. The stock had a trading volume of 88,724 shares, compared to its average volume of 263,873. The stock’s 50-day moving average price is $18.19 and its two-hundred day moving average price is $19.37. SIKA has a 52-week low of $15.75 and a 52-week high of $27.52. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.25 and a quick ratio of 0.90.

Wall Street Analyst Weigh In

A number of research firms have issued reports on SXYAY. Zacks Research cut shares of SIKA from a “hold” rating to a “strong sell” rating in a research report on Monday. Citigroup restated a “buy” rating on shares of SIKA in a research report on Thursday, January 8th. Three analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, SIKA currently has an average rating of “Moderate Buy”.

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.