Syensqo Sa (OTCMKTS:SHBBF – Get Free Report) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 47,816 shares, a drop of 54.3% from the September 30th total of 104,644 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 827 shares, the short-interest ratio is presently 57.8 days.
Syensqo Stock Down 1.6%
OTCMKTS:SHBBF opened at $86.92 on Friday. Syensqo has a 52 week low of $48.08 and a 52 week high of $98.20. The firm’s fifty day moving average is $90.75 and its 200-day moving average is $79.34.
Wall Street Analysts Forecast Growth
Separately, Zacks Research raised Syensqo from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 6th. One analyst has rated the stock with a Strong Buy rating. Based on data from MarketBeat.com, Syensqo presently has a consensus rating of “Strong Buy”.
View Our Latest Stock Report on SHBBF
About Syensqo
Syensqo is a global specialty chemicals and advanced materials company serving customers in industries such as aerospace, automotive, healthcare, electronics, consumer goods, and energy. Its portfolio includes high-performance polymers, composite materials, specialty adhesives, surfactants, and other formulated chemical solutions designed for demanding industrial and consumer applications.
The company develops materials that can support lightweighting, thermal and chemical resistance, durability, and improved resource efficiency.
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