Adyen (OTCMKTS:ADYEY – Get Free Report) was the recipient of a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 250,700 shares, a drop of 49.9% from the October 31st total of 500,200 shares. Based on an average trading volume of 1,307,700 shares, the days-to-cover ratio is presently 0.2 days.
Wall Street Analysts Forecast Growth
Several research firms recently commented on ADYEY. Citigroup upgraded Adyen to a “strong-buy” rating in a research report on Friday, August 16th. Barclays upgraded Adyen to a “strong-buy” rating in a research report on Friday, August 16th.
Read Our Latest Analysis on Adyen
Adyen Stock Performance
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.
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