Synthomer plc (OTCMKTS:SYHMY – Get Free Report) was the recipient of a large drop in short interest during the month of February. As of February 27th, there was short interest totaling 16,994 shares, a drop of 22.7% from the February 12th total of 21,994 shares. Based on an average daily volume of 7,047 shares, the days-to-cover ratio is currently 2.4 days. Based on an average daily volume of 7,047 shares, the days-to-cover ratio is currently 2.4 days.
Synthomer Price Performance
OTCMKTS SYHMY opened at $0.27 on Monday. The firm’s 50-day moving average is $0.61 and its two-hundred day moving average is $0.72. Synthomer has a 12 month low of $0.27 and a 12 month high of $6.15.
About Synthomer
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.
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