Sika AG (OTCMKTS:SXYAY) Short Interest Update

Sika AG (OTCMKTS:SXYAY) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 26,200 shares, a growth of 35.1% from the February 28th total of 19,400 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 477,700 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Barclays lowered Sika from a “strong-buy” rating to a “strong sell” rating in a research report on Monday, January 6th.

Sika Stock Performance

Shares of OTCMKTS:SXYAY opened at $24.14 on Wednesday. Sika has a 52-week low of $23.25 and a 52-week high of $33.52. The business has a fifty day moving average of $25.76 and a two-hundred day moving average of $26.77.

Sika Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, April 15th. Investors of record on Friday, March 28th will be given a dividend of $0.2025 per share. This is a boost from Sika’s previous dividend of $0.16. The ex-dividend date is Friday, March 28th.

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.