Syensqo Sa (OTCMKTS:SHBBF) Sees Large Growth in Short Interest

Syensqo Sa (OTCMKTS:SHBBF) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totalling 74,300 shares, a growth of 110.5% from the December 31st total of 35,300 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 743.0 days.

Syensqo Price Performance

Shares of OTCMKTS:SHBBF traded up $2.90 during midday trading on Wednesday, hitting $77.28. The company had a trading volume of 144 shares, compared to its average volume of 327. Syensqo has a twelve month low of $74.38 and a twelve month high of $77.28. The business’s 50-day simple moving average is $76.10 and its 200-day simple moving average is $93.53.

About Syensqo

Syensqo SA/NV operates as a specialty chemicals company. It operates in two divisions: Materials and Consumer and Resources. The Materials division consists of polymers and composites businesses primarily serving automotive, aerospace and defense, and electronics markets. The Consumer and Resources division provides specialty solutions to consumer-focused end-markets, such as agro, personal care, food, etc.