Short Interest in Sika AG (OTCMKTS:SXYAY) Grows By 2,550.0%

Sika AG (OTCMKTS:SXYAY) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totalling 42,400 shares, an increase of 2,550.0% from the June 15th total of 1,600 shares. Based on an average daily volume of 278,300 shares, the days-to-cover ratio is currently 0.2 days.

Sika Trading Up 1.1 %

OTCMKTS:SXYAY traded up $0.32 during mid-day trading on Friday, reaching $29.17. 57,765 shares of the stock were exchanged, compared to its average volume of 59,974. Sika has a 1 year low of $23.17 and a 1 year high of $32.69. The company has a 50 day simple moving average of $29.77 and a 200-day simple moving average of $29.28.

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, and decorative finishes for exterior and interior walls, as well as exterior insulation finishing systems; admixtures and additives for concrete, cement, and mortar production; and flat roofing systems, including flexible sheets and liquid-applied membranes under the Sika Sarnafil brand, as well as vapor control layers, adhesives, insulation, fixation, roof drainages, leak monitoring and detection systems, and accessories.