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

Syensqo Sa (OTCMKTS:SHBBF) was the recipient of a large increase in short interest in March. As of March 15th, there was short interest totalling 81,500 shares, an increase of 77.2% from the February 28th total of 46,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Syensqo Price Performance

Shares of SHBBF opened at $88.17 on Monday. The business’s 50 day moving average is $83.86 and its two-hundred day moving average is $88.20. Syensqo has a 52-week low of $74.38 and a 52-week high of $88.17.

About Syensqo

Syensqo SA/NV operates as a specialty chemicals company. It operates in two divisions: Materials and Consumer and Resources. The Materials division consists of polymers and composites businesses primarily serving automotive, aerospace and defense, and electronics markets. The Consumer and Resources division provides specialty solutions to consumer-focused end-markets, such as agro, personal care, food, etc.