Synthomer plc (OTCMKTS:SYHMY) Short Interest Update

Synthomer plc (OTCMKTS:SYHMY) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totaling 19,282 shares, an increase of 107.7% from the December 31st total of 9,282 shares. Based on an average trading volume of 3,000 shares, the days-to-cover ratio is currently 6.4 days. Based on an average trading volume of 3,000 shares, the days-to-cover ratio is currently 6.4 days.

Synthomer Stock Performance

SYHMY opened at $0.87 on Friday. The firm’s 50-day moving average price is $0.75 and its 200-day moving average price is $0.91. Synthomer has a 52-week low of $0.66 and a 52-week high of $6.15.

Synthomer Company Profile

Synthomer plc (OTCMKTS:SYHMY) is a global specialty polymer company headquartered in the United Kingdom. The company develops, manufactures and supplies a broad range of water-based polymer solutions to customers in industries such as adhesives, coatings, construction, textiles and personal care. With production sites across Europe, Asia and the Americas, Synthomer serves multinational and regional clients seeking high-performance emulsions, dispersions, polymer powders and functional additives.

The company’s product portfolio includes acrylic and styrene-butadiene latexes, vinyl emulsions, acrylic polymer powders and specialty additives designed to enhance product performance in end-use applications.