Synthomer plc (OTCMKTS:SYHMY) Short Interest Down 35.7% in January

Synthomer plc (OTCMKTS:SYHMY) was the target of a large drop in short interest in January. As of January 30th, there was short interest totaling 12,394 shares, a drop of 35.7% from the January 15th total of 19,282 shares. Based on an average trading volume of 740 shares, the short-interest ratio is currently 16.7 days. Based on an average trading volume of 740 shares, the short-interest ratio is currently 16.7 days.

Synthomer Trading Down 27.3%

Shares of OTCMKTS SYHMY traded down $0.14 during mid-day trading on Friday, reaching $0.36. The company had a trading volume of 20,000 shares, compared to its average volume of 11,300. Synthomer has a 52-week low of $0.36 and a 52-week high of $6.15. The firm has a 50 day simple moving average of $0.76 and a two-hundred day simple moving average of $0.84.

Synthomer Company Profile

Synthomer plc (OTCMKTS:SYHMY) is a global specialty polymer company headquartered in the United Kingdom. The company develops, manufactures and supplies a broad range of water-based polymer solutions to customers in industries such as adhesives, coatings, construction, textiles and personal care. With production sites across Europe, Asia and the Americas, Synthomer serves multinational and regional clients seeking high-performance emulsions, dispersions, polymer powders and functional additives.

The company’s product portfolio includes acrylic and styrene-butadiene latexes, vinyl emulsions, acrylic polymer powders and specialty additives designed to enhance product performance in end-use applications.