Solvay SA (OTCMKTS:SVYSF) Short Interest Up 56.6% in April

Solvay SA (OTCMKTS:SVYSF) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 360,100 shares, an increase of 56.6% from the March 31st total of 229,900 shares. Based on an average daily volume of 35,700 shares, the days-to-cover ratio is presently 10.1 days.

Solvay Price Performance

SVYSF stock traded up $0.46 during trading on Friday, reaching $33.00. 10,267 shares of the company were exchanged, compared to its average volume of 7,951. The company has a 50-day moving average of $27.82 and a two-hundred day moving average of $53.45. Solvay has a twelve month low of $22.35 and a twelve month high of $122.42.

About Solvay

Solvay SA provides advanced materials and specialty chemicals worldwide. It operates through four segments: Materials, Chemicals, Solutions, and Corporate & Business Services. The Materials segment offers specialty polymers, including aromatic polymers, high barrier polymers, and fluoropolymers for the electronics, automotive, aerospace, and healthcare industries; and composite materials for aerospace engineered materials market.