Adyen (OTCMKTS:ADYEY – Get Free Report) saw a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 328,300 shares, a decrease of 78.2% from the February 28th total of 1,502,700 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 1,407,900 shares, the short-interest ratio is currently 0.2 days.
Adyen Stock Performance
Shares of ADYEY stock opened at $15.58 on Friday. The business has a fifty day simple moving average of $16.90 and a 200 day simple moving average of $15.55. Adyen has a twelve month low of $10.78 and a twelve month high of $19.39.
Wall Street Analyst Weigh In
Separately, Morgan Stanley restated an “overweight” rating on shares of Adyen in a research report on Friday, March 7th.
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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