Synthomer plc (OTCMKTS:SYHMY) Short Interest Up 77.5% in February

Synthomer plc (OTCMKTS:SYHMY) was the target of a significant increase in short interest in February. As of February 13th, there was short interest totaling 21,994 shares, an increase of 77.5% from the January 29th total of 12,394 shares. Based on an average daily trading volume, of 16,820 shares, the days-to-cover ratio is currently 1.3 days. Based on an average daily trading volume, of 16,820 shares, the days-to-cover ratio is currently 1.3 days.

Synthomer Price Performance

OTCMKTS:SYHMY opened at $0.36 on Friday. The business’s 50-day moving average price is $0.69 and its two-hundred day moving average price is $0.75. Synthomer has a twelve month low of $0.31 and a twelve month high of $6.15.

About Synthomer

Synthomer plc (OTCMKTS:SYHMY) is a global specialty polymer company headquartered in the United Kingdom. The company develops, manufactures and supplies a broad range of water-based polymer solutions to customers in industries such as adhesives, coatings, construction, textiles and personal care. With production sites across Europe, Asia and the Americas, Synthomer serves multinational and regional clients seeking high-performance emulsions, dispersions, polymer powders and functional additives.

The company’s product portfolio includes acrylic and styrene-butadiene latexes, vinyl emulsions, acrylic polymer powders and specialty additives designed to enhance product performance in end-use applications.