Adyen (OTCMKTS:ADYEY) Short Interest Up 107.1% in October

Adyen (OTCMKTS:ADYEYGet Free Report) was the target of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 500,200 shares, a growth of 107.1% from the October 15th total of 241,500 shares. Based on an average trading volume of 673,000 shares, the days-to-cover ratio is presently 0.7 days.

Adyen Stock Performance

OTCMKTS:ADYEY opened at $13.45 on Wednesday. The stock’s 50-day moving average is $14.92 and its 200-day moving average is $13.53. Adyen has a 1-year low of $10.25 and a 1-year high of $17.27.

Analyst Ratings Changes

Several equities research analysts recently weighed in on ADYEY shares. Citigroup upgraded shares of Adyen to a “strong-buy” rating in a research note on Friday, August 16th. Barclays raised shares of Adyen to a “strong-buy” rating in a report on Friday, August 16th.

Read Our Latest Research Report on ADYEY

Adyen Company Profile

(Get Free Report)

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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