Solvay SA (OTCMKTS:SVYSF) Short Interest Update

Solvay SA (OTCMKTS:SVYSF) was the recipient of a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 515,448 shares, a drop of 37.3% from the June 15th total of 821,641 shares. Based on an average daily trading volume, of 768 shares, the short-interest ratio is presently 671.2 days.

Solvay Price Performance

SVYSF opened at $29.94 on Friday. The stock has a fifty day moving average of $30.69 and a 200-day moving average of $31.13. Solvay has a fifty-two week low of $27.41 and a fifty-two week high of $34.70.

About Solvay

Founded in 1863 by Ernest and Alfred Solvay, the firm initially gained prominence for its development of an innovative ammonia-soda process for soda ash production. Following the spinoff of its Specialty Chemicals business Syensqo in December 2023, Solvay SA is focused on providing chemical products and intermediates to customers in a broad range of consumer and industrial end-markets. Solvay’s current portfolio is operated through five divisions: Soda Ash and Derivatives, Peroxides, Silica, Special Chem and Coatis.