Solvay SA (OTCMKTS:SVYSF) Sees Significant Decrease in Short Interest

Solvay SA (OTCMKTS:SVYSF) saw a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 517,100 shares, a decrease of 17.1% from the October 15th total of 623,700 shares. Based on an average daily volume of 600 shares, the short-interest ratio is presently 861.8 days.

Solvay Price Performance

Shares of OTCMKTS SVYSF traded up $0.75 during midday trading on Friday, hitting $35.10. 310 shares of the stock traded hands, compared to its average volume of 3,033. Solvay has a one year low of $22.35 and a one year high of $122.42. The firm has a 50-day moving average of $38.98 and a two-hundred day moving average of $36.65.

About Solvay

Solvay SA provides advanced materials and specialty chemicals worldwide. It operates through four segments: Materials, Chemicals, Solutions, and Corporate & Business Services. The Materials segment offers specialty polymers, including aromatic polymers, high barrier polymers, and fluoropolymers for the electronics, automotive, aerospace, and healthcare industries; and composite materials for aerospace engineered materials market.