Syensqo Sa (OTCMKTS:SHBBF – Get Free Report) was the target of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 15,500 shares, an increase of 106.7% from the February 29th total of 7,500 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 155.0 days.
Syensqo Stock Performance
Shares of OTCMKTS:SHBBF remained flat at $94.00 during trading on Thursday. Syensqo has a 52-week low of $85.35 and a 52-week high of $94.00.
Analysts Set New Price Targets
Separately, Jefferies Financial Group assumed coverage on shares of Syensqo in a research report on Wednesday. They set a “hold” rating for the company.
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.
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