Syensqo Sa (OTCMKTS:SHBBF – Get Free Report) was the recipient of a large drop in short interest in October. As of October 15th, there was short interest totaling 47,816 shares, a drop of 54.3% from the September 30th total of 104,644 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 827 shares, the days-to-cover ratio is presently 57.8 days.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded shares of Syensqo from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 6th. One analyst has rated the stock with a Strong Buy rating. According to data from MarketBeat.com, the company has a consensus rating of “Strong Buy”.
Check Out Our Latest Analysis on SHBBF
Syensqo Stock Up 1.4%
Shares of SHBBF opened at $88.31 on Friday. The stock’s fifty day simple moving average is $90.89 and its 200-day simple moving average is $79.34. Syensqo has a 12-month low of $48.08 and a 12-month high of $98.20.
Syensqo Company Profile
Syensqo is a global specialty chemicals and advanced materials company serving customers in industries such as aerospace, automotive, healthcare, electronics, consumer goods, and energy. Its portfolio includes high-performance polymers, composite materials, specialty adhesives, surfactants, and other formulated chemical solutions designed for demanding industrial and consumer applications.
The company develops materials that can support lightweighting, thermal and chemical resistance, durability, and improved resource efficiency.
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