Solvay SA (OTCMKTS:SLVYY) Short Interest Update

Solvay SA (OTCMKTS:SLVYY) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 12,348 shares, an increase of 9,254.5% from the April 30th total of 132 shares. Based on an average daily volume of 53,577 shares, the short-interest ratio is currently 0.2 days.

Analyst Ratings Changes

A number of research firms recently issued reports on SLVYY. Barclays reissued an “underweight” rating on shares of Solvay in a research report on Wednesday, February 25th. Oddo Bhf cut Solvay to a “neutral” rating in a research report on Tuesday, February 17th. Three research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce”.

Solvay Price Performance

Shares of OTCMKTS:SLVYY traded down $0.01 on Wednesday, reaching $2.98. The company had a trading volume of 16,026 shares, compared to its average volume of 45,705. Solvay has a twelve month low of $2.77 and a twelve month high of $3.52. The stock has a 50-day moving average price of $3.07 and a 200 day moving average price of $3.09.

About Solvay

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. The Chemicals segment produces and sells soda ash and sodium bicarbonate primarily to the flat and container glass industries, as well as for use in detergents, pharmaceutical, and feed and food industries; hydrogen peroxide for use primarily in the paper industry to bleach pulp, as well as chemicals, electronics, food, mining, and environment; and dispersible silica for tire manufacturers; and solvent solutions, phenols and derivatives, polyamide derivatives and smart, functional, and sustainable yarns and polymers.