SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) Stock Short Interest Report for October

SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totaling 23,307 shares, a decrease of 67.8% from the September 30th total of 72,464 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 180,965 shares, the short-interest ratio is currently 0.1 days.

SIKA Trading Up 0.3%

OTCMKTS SXYAY opened at $21.68 on Friday. The firm’s 50 day moving average is $22.27 and its 200-day moving average is $20.11. SIKA has a 12-month low of $15.75 and a 12-month high of $24.21.

Analyst Upgrades and Downgrades

Several research firms have issued reports on SXYAY. Royal Bank Of Canada reissued a “sector perform” rating on shares of SIKA in a research note on Wednesday, July 29th. Zacks Research raised SIKA from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of SIKA in a report on Wednesday, July 29th. Finally, Citigroup reissued a “buy” rating on shares of SIKA in a research report on Tuesday, August 4th. One equities research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, SIKA has a consensus rating of “Hold”.

About SIKA

SIKA AG is a Switzerland-based specialty chemicals company that develops products and systems for the construction and industrial sectors. Its solutions are designed to improve the durability, performance, and efficiency of buildings, infrastructure, vehicles, and other manufactured products.

The company’s construction portfolio includes concrete admixtures, cement additives, waterproofing systems, roofing and flooring materials, sealants, adhesives, and products used for repairing and protecting concrete.