Adyen (OTCMKTS:ADYEY – Get Free Report) was the target of a large decline in short interest in the month of September. As of September 15th, there was short interest totalling 415,400 shares, a decline of 25.6% from the August 31st total of 558,200 shares. Based on an average daily volume of 995,600 shares, the short-interest ratio is currently 0.4 days.
Adyen Trading Up 4.1 %
Shares of OTCMKTS ADYEY opened at $15.54 on Friday. The firm’s fifty day moving average is $13.49 and its two-hundred day moving average is $13.72. Adyen has a 52-week low of $6.56 and a 52-week high of $17.27.
Analyst Ratings Changes
A number of equities research analysts have commented on the stock. Citigroup raised shares of Adyen to a “strong-buy” rating in a research report on Friday, August 16th. Barclays upgraded shares of Adyen to a “strong-buy” rating in a research note on Friday, August 16th.
Adyen Company Profile
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.
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