Short Interest in Sika AG (OTCMKTS:SXYAY) Rises By 47.8%

Sika AG (OTCMKTS:SXYAY) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 6,800 shares, an increase of 47.8% from the September 30th total of 4,600 shares. Based on an average daily trading volume, of 71,200 shares, the days-to-cover ratio is currently 0.1 days.

Sika Stock Down 0.6 %

Shares of Sika stock traded down $0.17 on Friday, reaching $28.35. The stock had a trading volume of 37,351 shares, compared to its average volume of 54,050. The company has a 50 day moving average price of $31.00 and a 200 day moving average price of $29.98. Sika has a 1 year low of $23.27 and a 1 year high of $33.52.

Sika Company Profile

Sika AG, a specialty chemicals company, develops, produces, and sells systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and motor vehicle industry worldwide. The company offers tile adhesives and grouts, systems for under-tile waterproofing, sound reduction, renders, decorative finishes for exterior and interior walls, as well as exterior insulation finishing system; develops admixtures and additives for concrete, cement, and mortar production; and flat roofing systems.