Adyen (OTCMKTS:ADYEY) Short Interest Update

Adyen (OTCMKTS:ADYEY) was the recipient of a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 410,600 shares, a decline of 21.4% from the March 31st total of 522,200 shares. Based on an average daily trading volume, of 2,124,600 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

Analyst Ratings Changes

A number of brokerages have commented on ADYEY. Monness Crespi & Hardt upgraded Adyen from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 8th. Evercore ISI upgraded shares of Adyen to a “strong-buy” rating in a report on Tuesday, April 8th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Adyen in a research note on Friday, March 7th. One research analyst has rated the stock with a buy rating and four have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Strong Buy”.

Adyen Stock Up 2.4 %

ADYEY opened at $16.60 on Friday. The business has a 50-day moving average of $16.17 and a 200-day moving average of $15.66. Adyen has a fifty-two week low of $10.78 and a fifty-two week high of $19.39.

About Adyen

Adyen N.V. operates a payments platform in Europe, the Middle East, Africa, North America, the Asia Pacific, Latin America. The company's platform integrates payments stack that include gateway, risk management, processing, issuing, acquiring, and settlement services. It offers a back-end infrastructure for authorizing.