Adyen (OTCMKTS:ADYEY) Short Interest Update

Adyen (OTCMKTS:ADYEY) was the recipient of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 1,502,700 shares, a growth of 630.5% from the February 13th total of 205,700 shares. Based on an average trading volume of 1,579,800 shares, the short-interest ratio is currently 1.0 days. Approximately 0.0% of the shares of the company are sold short.

Analysts Set New Price Targets

Separately, Morgan Stanley reaffirmed an “overweight” rating on shares of Adyen in a research report on Friday.

Adyen Stock Down 5.1 %

Shares of ADYEY stock traded down $0.89 during mid-day trading on Wednesday, hitting $16.55. The stock had a trading volume of 1,687,640 shares, compared to its average volume of 631,188. Adyen has a fifty-two week low of $10.78 and a fifty-two week high of $19.39. The company’s 50-day simple moving average is $16.55 and its 200-day simple moving average is $15.40.

Adyen Company Profile

Adyen N.V. operates a payments platform in Europe, the Middle East, Africa, North America, the Asia Pacific, Latin America. The company's platform integrates payments stack that include gateway, risk management, processing, issuing, acquiring, and settlement services. It offers a back-end infrastructure for authorizing.