Sika AG (OTCMKTS:SXYAY) Short Interest Down 96.1% in January

Sika AG (OTCMKTS:SXYAY) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 1,800 shares, a decline of 96.1% from the December 31st total of 45,800 shares. Based on an average trading volume of 401,400 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Barclays lowered shares of Sika from a “strong-buy” rating to a “strong sell” rating in a report on Monday, January 6th.

Sika Trading Down 1.5 %

SXYAY traded down $0.38 during trading on Friday, reaching $25.45. The company’s stock had a trading volume of 126,818 shares, compared to its average volume of 198,687. Sika has a 1 year low of $23.25 and a 1 year high of $33.52. The firm has a fifty day simple moving average of $24.92 and a two-hundred day simple moving average of $28.09.

About Sika

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.