Solvay SA (OTCMKTS:SVYSF) Sees Significant Decrease in Short Interest

Solvay SA (OTCMKTS:SVYSFGet Free Report) saw a large decline in short interest in May. As of May 31st, there was short interest totalling 377,300 shares, a decline of 32.0% from the May 15th total of 555,000 shares. Based on an average daily trading volume, of 1,600 shares, the days-to-cover ratio is currently 235.8 days.

Solvay Trading Down 8.6 %

Shares of OTCMKTS:SVYSF traded down $3.10 during trading on Friday, reaching $32.75. The company had a trading volume of 5,956 shares, compared to its average volume of 5,560. The firm’s fifty day moving average is $34.62 and its 200 day moving average is $35.79. Solvay has a twelve month low of $22.35 and a twelve month high of $122.42.

About Solvay

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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.

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