Adyen (OTCMKTS:ADYEY) Sees Large Growth in Short Interest

Adyen (OTCMKTS:ADYEYGet Free Report) was the recipient of a significant increase in short interest in the month of 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 presently 0.7 days.

Analyst Upgrades and Downgrades

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

View Our Latest Stock Report on ADYEY

Adyen Price Performance

Shares of Adyen stock opened at $13.30 on Friday. Adyen has a 52-week low of $10.78 and a 52-week high of $17.27. The firm has a 50-day moving average of $14.88 and a 200-day moving average of $13.53.

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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