Adyen (OTCMKTS:ADYEY – Get Free Report) was the target of a large drop in short interest in March. As of March 15th, there was short interest totalling 328,300 shares, a drop of 78.2% from the February 28th total of 1,502,700 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 1,407,900 shares, the short-interest ratio is presently 0.2 days.
Adyen Stock Performance
Shares of OTCMKTS:ADYEY opened at $15.62 on Friday. Adyen has a 52-week low of $10.78 and a 52-week high of $19.39. The business has a 50-day moving average price of $16.90 and a 200-day moving average price of $15.55.
Analyst Upgrades and Downgrades
Separately, Morgan Stanley reaffirmed an “overweight” rating on shares of Adyen in a report on Friday, March 7th.
Adyen Company Profile
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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