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

SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totaling 75,331 shares, an increase of 85,503.4% from the March 31st total of 88 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 460,912 shares, the days-to-cover ratio is presently 0.2 days.

SIKA Stock Performance

Shares of SXYAY stock opened at $18.52 on Friday. The company has a quick ratio of 0.90, a current ratio of 1.25 and a debt-to-equity ratio of 0.62. SIKA has a 52 week low of $15.75 and a 52 week high of $27.52. The company has a 50-day simple moving average of $18.15 and a 200 day simple moving average of $19.35.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on SXYAY shares. Zacks Research downgraded SIKA from a “hold” rating to a “strong sell” rating in a research report on Monday, April 20th. Citigroup reiterated a “buy” rating on shares of SIKA in a research note on Thursday, January 8th. Three analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently 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.