Short Interest in Synthomer plc (OTCMKTS:SYHMY) Decreases By 22.7%

Synthomer plc (OTCMKTS:SYHMY) was the target of a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 16,994 shares, a decrease of 22.7% from the February 12th total of 21,994 shares. Based on an average daily volume of 7,047 shares, the days-to-cover ratio is presently 2.4 days. Based on an average daily volume of 7,047 shares, the days-to-cover ratio is presently 2.4 days.

Synthomer Stock Performance

SYHMY stock opened at $0.27 on Friday. The firm has a 50 day moving average price of $0.61 and a 200-day moving average price of $0.72. Synthomer has a 52-week low of $0.27 and a 52-week high of $6.15.

Synthomer Company Profile

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.