SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) Short Interest Up 159.4% in December

SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totaling 125,926 shares, an increase of 159.4% from the November 30th total of 48,554 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 481,331 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 481,331 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the company’s shares are short sold.

SIKA Stock Performance

Shares of SXYAY stock remained flat at $20.56 during trading on Friday. 14,245 shares of the stock were exchanged, compared to its average volume of 269,491. SIKA has a twelve month low of $18.29 and a twelve month high of $27.52. The firm’s 50 day moving average is $19.87 and its two-hundred day moving average is $22.68. The company has a quick ratio of 1.17, a current ratio of 1.66 and a debt-to-equity ratio of 0.90.

Wall Street Analysts Forecast Growth

SXYAY has been the topic of a number of research analyst reports. Zacks Research lowered SIKA from a “hold” rating to a “strong sell” rating in a research report on Tuesday, December 9th. Morgan Stanley reissued an “overweight” rating on shares of SIKA in a research note on Tuesday, September 2nd. Rothschild Redb upgraded shares of SIKA from a “hold” rating to a “strong-buy” rating in a report on Friday, October 10th. Royal Bank Of Canada cut shares of SIKA from a “moderate buy” rating to a “hold” rating in a report on Monday, December 8th. Finally, Citigroup restated a “neutral” rating on shares of SIKA in a report on Friday, October 10th. Three equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

About SIKA

Sika AG is a Switzerland-based specialty chemicals company that develops and manufactures systems and products for bonding, sealing, damping, reinforcing and protecting in the building sector and in industrial manufacturing. Founded in 1910 and headquartered in Baar, Switzerland, Sika is best known for its portfolio of construction chemicals and industrial adhesives that serve new construction, refurbishment and industrial production applications.

The company’s product range includes concrete admixtures and repair mortars, sealants and adhesives, waterproofing membranes and roofing systems, flooring systems, façade and structural bonding solutions, and vibration-damping and acoustic solutions for industry.