Syensqo Sa (OTCMKTS:SHBBF – Get Free Report) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 47,816 shares, a decrease of 54.3% from the September 30th total of 104,644 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 827 shares, the days-to-cover ratio is currently 57.8 days.
Wall Street Analysts Forecast Growth
Separately, Zacks Research upgraded shares of Syensqo from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 6th. One research analyst has rated the stock with a Strong Buy rating. Based on data from MarketBeat, the stock has an average rating of “Strong Buy”.
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Syensqo Stock Down 1.6%
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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