SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) Short Interest Update

SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totaling 105,169 shares, an increase of 219.2% from the April 30th total of 32,945 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 401,359 shares, the short-interest ratio is currently 0.3 days.

SIKA Stock Up 0.6%

Shares of OTCMKTS SXYAY traded up $0.11 during mid-day trading on Friday, hitting $19.54. The stock had a trading volume of 221,742 shares, compared to its average volume of 357,564. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.25 and a quick ratio of 0.90. The company has a 50 day moving average of $17.86 and a two-hundred day moving average of $18.95. SIKA has a twelve month low of $15.75 and a twelve month high of $27.52.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on SXYAY shares. Zacks Research downgraded SIKA from a “hold” rating to a “strong sell” rating in a research report on Monday, April 20th. Deutsche Bank Aktiengesellschaft reaffirmed 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 equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, SIKA has a consensus rating of “Moderate Buy”.

About SIKA

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.