Solvay SA (OTCMKTS:SLVYY) Short Interest Update

Solvay SA (OTCMKTS:SLVYY) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 45,564 shares, a growth of ∞ from the August 15th total of 0 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 39,761 shares, the days-to-cover ratio is currently 1.1 days.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on SLVYY. Deutsche Bank Aktiengesellschaft upgraded Solvay from a “sell” rating to a “hold” rating in a research report on Wednesday, June 10th. Zacks Research cut shares of Solvay from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 31st. Five equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce”.

Solvay Stock Performance

OTCMKTS SLVYY opened at $2.94 on Tuesday. The company has a 50-day simple moving average of $2.96 and a two-hundred day simple moving average of $3.02. Solvay has a 12-month low of $2.77 and a 12-month high of $3.38.

Solvay Company Profile

Solvay SA is a Belgium-based chemical company that develops and manufactures essential materials and chemical solutions for industrial and consumer applications. Its portfolio includes soda ash, sodium bicarbonate, hydrogen peroxide, silica, specialty chemicals and related products used in areas such as construction, glass manufacturing, water treatment, detergents, pulp and paper, food, agriculture and healthcare.

The company serves customers across a range of industries, including automotive, aerospace, electronics, consumer goods and energy.