Syensqo Sa (OTCMKTS:SHBBF) Sees Significant Decline in Short Interest

Syensqo Sa (OTCMKTS:SHBBF – Get Free Report) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 47,816 shares, a decrease of 54.3% from the September 30th total of 104,644 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 827 shares, the days-to-cover ratio is presently 57.8 days.

Syensqo Trading Up 1.4%

Shares of SHBBF opened at $88.31 on Friday. The stock has a fifty day moving average price of $90.89 and a two-hundred day moving average price of $79.34. Syensqo has a 52-week low of $48.08 and a 52-week high of $98.20.

Analyst Ratings Changes

Separately, Zacks Research raised shares of Syensqo from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 6th. One research analyst has rated the stock with a Strong Buy rating. According to data from MarketBeat.com, the stock has an average rating of “Strong Buy”.

Check Out Our Latest Stock Report on Syensqo

Syensqo Company Profile

(Get Free Report)

Syensqo is a global specialty chemicals and advanced materials company serving customers in industries such as aerospace, automotive, healthcare, electronics, consumer goods, and energy. Its portfolio includes high-performance polymers, composite materials, specialty adhesives, surfactants, and other formulated chemical solutions designed for demanding industrial and consumer applications.

The company develops materials that can support lightweighting, thermal and chemical resistance, durability, and improved resource efficiency.

See Also

Receive News & Ratings for Syensqo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Syensqo and related companies with MarketBeat.com's FREE daily email newsletter.