Solvay SA (OTCMKTS:SVYSF) Short Interest Down 30.6% in March

Solvay SA (OTCMKTS:SVYSF) was the recipient of a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 229,900 shares, a decline of 30.6% from the March 15th total of 331,300 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 2,299.0 days.

Solvay Price Performance

SVYSF opened at $31.46 on Friday. Solvay has a fifty-two week low of $22.35 and a fifty-two week high of $122.42. The company’s 50 day moving average price is $26.62 and its two-hundred day moving average price is $58.92.

About Solvay

Solvay SA provides advanced materials and specialty chemicals worldwide. It operates through four segments: Materials, Chemicals, Solutions, and Corporate & Business Services. The Materials segment offers specialty polymers, including aromatic polymers, high barrier polymers, and fluoropolymers for the electronics, automotive, aerospace, and healthcare industries; and composite materials for aerospace engineered materials market.