Short Interest in Sika AG (OTCMKTS:SXYAY) Increases By 161.1%

Sika AG (OTCMKTS:SXYAY) was the target of a large increase in short interest in December. As of December 15th, there was short interest totalling 4,700 shares, an increase of 161.1% from the November 30th total of 1,800 shares. Based on an average daily trading volume, of 232,100 shares, the days-to-cover ratio is currently 0.0 days.

Sika Stock Down 1.4 %

Shares of OTCMKTS SXYAY traded down $0.34 during midday trading on Friday, reaching $23.97. 328,891 shares of the stock traded hands, compared to its average volume of 66,974. Sika has a one year low of $23.40 and a one year high of $33.52. The company’s 50 day moving average is $26.56 and its 200 day moving average is $28.90.

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.