Short Interest in Adyen (OTCMKTS:ADYEY) Drops By 8.4%

Adyen (OTCMKTS:ADYEY - Get Free Report) saw a significant decrease in short interest during the month of September. As of September 30th, there was short interest totalling 380,400 shares, a decrease of 8.4% from the September 15th total of 415,400 shares. Based on an average daily volume of 1,693,000 shares, the short-interest ratio is presently 0.2 days.

Adyen Stock Down 0.8 %

OTCMKTS:ADYEY traded down $0.12 during mid-day trading on Tuesday, reaching $14.89. The company's stock had a trading volume of 748,440 shares, compared to its average volume of 736,165. The company's fifty day simple moving average is $14.42 and its two-hundred day simple moving average is $13.59. Adyen has a twelve month low of $6.56 and a twelve month high of $17.27.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Citigroup raised Adyen to a "strong-buy" rating in a report on Friday, August 16th. Barclays raised Adyen to a "strong-buy" rating in a report on Friday, August 16th.

Adyen Company Profile

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.