Sika AG (OTCMKTS:SXYAY) Short Interest Down 96.1% in January

Sika AG (OTCMKTS:SXYAY - Get Free Report) saw a large decrease in short interest in January. As of January 15th, there was short interest totalling 1,800 shares, a decrease of 96.1% from the December 31st total of 45,800 shares. Based on an average daily trading volume, of 401,400 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Separately, Barclays cut shares of Sika from a "strong-buy" rating to a "strong sell" rating in a research note on Monday, January 6th.

Sika Price Performance

SXYAY stock traded down $0.63 during trading on Monday, hitting $24.82. The company had a trading volume of 101,666 shares, compared to its average volume of 200,511. The company has a fifty day moving average price of $24.92 and a two-hundred day moving average price of $28.07. Sika has a fifty-two week low of $23.25 and a fifty-two week high of $33.52.

About Sika

Sika AG, a specialty chemicals company, develops, produces, and sells systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and motor vehicle industry worldwide. The company offers tile adhesives and grouts, systems for under-tile waterproofing, sound reduction, renders, decorative finishes for exterior and interior walls, as well as exterior insulation finishing system; develops admixtures and additives for concrete, cement, and mortar production; and flat roofing systems.