SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) Short Interest Down 56.3% in April

SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) saw a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 32,945 shares, a drop of 56.3% from the April 15th total of 75,331 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 572,713 shares, the days-to-cover ratio is presently 0.1 days.

SIKA Stock Performance

SXYAY opened at $18.13 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.25 and a quick ratio of 0.90. SIKA has a fifty-two week low of $15.75 and a fifty-two week high of $27.52. The stock has a fifty day moving average of $17.69 and a 200-day moving average of $19.01.

Wall Street Analyst Weigh In

SXYAY has been the topic of a number of research analyst reports. Zacks Research lowered shares of SIKA from a “hold” rating to a “strong sell” rating in a report on Monday, April 20th. Royal Bank Of Canada reissued a “sector perform” rating on shares of SIKA in a research note on Tuesday, May 5th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, SIKA has an average rating of “Moderate Buy”.

SIKA Company Profile

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.