Adyen (OTCMKTS:ADYEY - Get Free Report) was the target of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 500,200 shares, a growth of 107.1% from the October 15th total of 241,500 shares. Based on an average daily volume of 673,000 shares, the short-interest ratio is currently 0.7 days.
Adyen Price Performance
ADYEY traded up $0.02 during trading hours on Wednesday, reaching $13.47. 513,956 shares of the company's stock traded hands, compared to its average volume of 713,586. The firm has a 50-day moving average price of $14.91 and a 200 day moving average price of $13.54. Adyen has a 52-week low of $10.78 and a 52-week high of $17.27.
Analysts Set New Price Targets
Several research firms have commented on ADYEY. Barclays raised shares of Adyen to a "strong-buy" rating in a research note on Friday, August 16th. Citigroup raised shares of Adyen to a "strong-buy" rating in a research report on Friday, August 16th.
Check Out Our Latest Analysis on Adyen
About Adyen
(
Get Free Report)
Adyen N.V. operates a payments platform in Europe, the Middle East, Africa, North America, the Asia Pacific, Latin America. The company's platform integrates payments stack that include gateway, risk management, processing, issuing, acquiring, and settlement services. It offers a back-end infrastructure for authorizing.
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