Synthomer plc (OTCMKTS:SYHMY) Short Interest Update

Synthomer plc (OTCMKTS:SYHMY) saw a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 12,394 shares, a decline of 35.7% from the January 15th total of 19,282 shares. Based on an average daily trading volume, of 740 shares, the days-to-cover ratio is currently 16.7 days. Based on an average daily trading volume, of 740 shares, the days-to-cover ratio is currently 16.7 days.

Synthomer Price Performance

Shares of SYHMY opened at $0.36 on Friday. Synthomer has a twelve month low of $0.36 and a twelve month high of $6.15. The firm has a fifty day simple moving average of $0.76 and a two-hundred day simple moving average of $0.82.

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.