Synthomer plc (OTCMKTS:SYYYF) Sees Significant Increase in Short Interest

Synthomer plc (OTCMKTS:SYYYF) was the target of a large growth in short interest in October. As of October 15th, there was short interest totalling 144,600 shares, a growth of 33.8% from the September 30th total of 108,100 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Synthomer Stock Performance

Shares of Synthomer stock remained flat at $1.80 during mid-day trading on Friday. The firm has a fifty day moving average of $1.80 and a 200-day moving average of $1.80. Synthomer has a 12 month low of $1.80 and a 12 month high of $1.80.

Synthomer Company Profile

Synthomer plc operates as a specialty chemicals company in the United Kingdom and internationally. It operates through five segments: Performance Elastomers, Functional Solutions, Industrial Specialities, Acrylate Monomers, and Adhesive Technologies. The company offers adhesives, including PSA labels, packaging and specialty tapes, saturants, release coatings, wood working, wet glues, hygiene and contact adhesives, packaging and assembly hot melt adhesives; coatings products such as architectural, masonry, intumescent, metal, wood, soil releases, blinders, ink receptive, polyester for powder coatings, SYNTHOMER NX for coalescing agents, and SYNOLOX BEPF for glycol.