Adyen (OTCMKTS:ADYYF) Sees Large Drop in Short Interest

Adyen (OTCMKTS:ADYYF) was the target of a significant drop in short interest during the month of July. As of July 31st, there was short interest totalling 221,000 shares, a drop of 15.6% from the July 15th total of 261,800 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 2,210.0 days.

Adyen Stock Performance

Adyen stock opened at $1,489.64 on Friday. Adyen has a 52-week low of $660.00 and a 52-week high of $1,754.57. The business has a 50-day simple moving average of $1,221.86 and a two-hundred day simple moving average of $1,382.67.

About Adyen

Adyen N.V. operates a payments platform in Europe, the Middle East, Africa, North America, the Asia Pacific, Latin America. The company's platform integrates payments stack that include gateway, risk management, processing, issuing, acquiring, and settlement services. It offers a back-end infrastructure for authorizing.