Synthomer plc (OTCMKTS:SYHMY) Sees Significant Increase in Short Interest

Synthomer plc (OTCMKTS:SYHMY) saw a large increase in short interest in February. As of February 13th, there was short interest totaling 21,994 shares, an increase of 77.5% from the January 29th total of 12,394 shares. Based on an average daily trading volume, of 16,820 shares, the short-interest ratio is presently 1.3 days. Based on an average daily trading volume, of 16,820 shares, the short-interest ratio is presently 1.3 days.

Synthomer Stock Performance

OTCMKTS:SYHMY opened at $0.36 on Friday. The business has a 50 day moving average of $0.69 and a 200 day moving average of $0.75. Synthomer has a 1-year low of $0.31 and a 1-year 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.