Synthomer plc (OTCMKTS:SYHMY) Sees Large Growth in Short Interest

Synthomer plc (OTCMKTS:SYHMY – Get Free Report) saw a significant increase in short interest in September. As of September 30th, there was short interest totaling 264 shares. Based on an average trading volume of 364 shares, the short-interest ratio is currently 0.7 days.

Synthomer Price Performance

Synthomer stock opened at $2.05 on Wednesday. The firm’s 50 day simple moving average is $1.68 and its 200 day simple moving average is $1.50. Synthomer has a 1-year low of $0.25 and a 1-year high of $2.05.

Synthomer Company Profile

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Synthomer plc is a specialty chemicals company headquartered in the United Kingdom. It develops and manufactures polymer-based materials and chemical solutions used by industrial and consumer-product manufacturers. Its portfolio includes water-based dispersions, latex products, specialty polymers, resins and other performance materials.

The company’s products are used in a range of applications, including coatings, adhesives, construction materials, paper and packaging, textiles, carpets, healthcare and medical products, electronics, and industrial components.

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