Sika AG (OTCMKTS:SXYAY) Short Interest Update

Sika AG (OTCMKTS:SXYAY - Get Free Report) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totalling 45,800 shares, an increase of 874.5% from the December 31st total of 4,700 shares. Based on an average daily volume of 462,800 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

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

Sika Trading Down 1.5 %

Shares of SXYAY stock traded down $0.38 on Friday, hitting $25.45. The company's stock had a trading volume of 126,818 shares, compared to its average volume of 198,687. The stock's 50 day moving average is $24.92 and its 200-day moving average is $28.09. Sika has a fifty-two week low of $23.25 and a fifty-two week high of $33.52.

Sika Company Profile

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.