Short Interest in Solvay SA (OTCMKTS:SVYSF) Declines By 17.1%

Solvay SA (OTCMKTS:SVYSF) was the recipient of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 517,100 shares, a decline of 17.1% from the October 15th total of 623,700 shares. Based on an average trading volume of 600 shares, the days-to-cover ratio is presently 861.8 days.

Solvay Trading Up 2.2 %

Shares of SVYSF stock traded up $0.75 on Friday, hitting $35.10. 300 shares of the stock traded hands, compared to its average volume of 3,032. The firm’s 50-day moving average price is $39.00 and its two-hundred day moving average price is $36.65. Solvay has a twelve month low of $22.35 and a twelve month high of $122.42.

Solvay Company Profile

Solvay SA provides advanced materials and specialty chemicals worldwide. It operates through four segments: Materials, Chemicals, Solutions, and Corporate & Business Services. The Materials segment offers specialty polymers, including aromatic polymers, high barrier polymers, and fluoropolymers for the electronics, automotive, aerospace, and healthcare industries; and composite materials for aerospace engineered materials market.