Adyen (OTCMKTS:ADYEY) Short Interest Update

Adyen (OTCMKTS:ADYEY) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 500,200 shares, an increase of 107.1% from the October 15th total of 241,500 shares. Based on an average daily volume of 673,000 shares, the days-to-cover ratio is currently 0.7 days.

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 upgraded shares of Adyen to a “strong-buy” rating in a research note on Friday, August 16th.

Adyen Trading Up 0.1 %

OTCMKTS ADYEY opened at $13.47 on Thursday. Adyen has a twelve month low of $10.78 and a twelve month high of $17.27. The firm’s 50 day moving average price is $14.91 and its two-hundred day moving average price is $13.54.

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.