SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) Short Interest Update

SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) saw a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 14,895 shares, a drop of 90.3% from the December 31st total of 153,364 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 268,341 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 268,341 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Citigroup reaffirmed a “buy” rating on shares of SIKA in a research note on Thursday, January 8th. Zacks Research downgraded shares of SIKA from a “hold” rating to a “strong sell” rating in a research report on Tuesday, December 9th. Rothschild Redb raised shares of SIKA from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. Royal Bank Of Canada lowered shares of SIKA from a “moderate buy” rating to a “hold” rating in a research note on Monday, December 8th. Finally, Barclays raised shares of SIKA from a “strong sell” rating to a “hold” rating in a research note on Friday, November 28th. Three analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

SIKA Stock Down 0.2%

Shares of SXYAY stock opened at $19.20 on Thursday. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.66 and a quick ratio of 1.17. SIKA has a one year low of $18.29 and a one year high of $27.52. The company’s 50-day moving average is $19.73 and its 200 day moving average is $21.51.

About SIKA

Sika AG is a Switzerland-based specialty chemicals company that develops and manufactures systems and products for bonding, sealing, damping, reinforcing and protecting in the building sector and in industrial manufacturing. Founded in 1910 and headquartered in Baar, Switzerland, Sika is best known for its portfolio of construction chemicals and industrial adhesives that serve new construction, refurbishment and industrial production applications.

The company’s product range includes concrete admixtures and repair mortars, sealants and adhesives, waterproofing membranes and roofing systems, flooring systems, façade and structural bonding solutions, and vibration-damping and acoustic solutions for industry.