SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) Short Interest Down 46.7% in May

SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) was the recipient of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 56,071 shares, a decrease of 46.7% from the May 14th total of 105,169 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 1,006,439 shares, the days-to-cover ratio is presently 0.1 days.

SIKA Price Performance

Shares of SXYAY stock opened at $19.50 on Monday. SIKA has a one year low of $15.75 and a one year high of $27.52. The company’s 50-day moving average is $18.38 and its 200 day moving average is $18.94. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.25 and a quick ratio of 0.90.

Analyst Upgrades and Downgrades

Several analysts recently commented on SXYAY shares. Zacks Research downgraded shares of SIKA from a “hold” rating to a “strong sell” rating in a research report on Monday, April 20th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of SIKA in a research report on Friday, May 15th. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of SIKA in a research report on Tuesday, May 5th. Two 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus 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.