Thu Sep 19 06:13:32 UTC 2024: ## Short Interest in Adyen Decreases Significantly in August

**Amsterdam, Netherlands – September 19, 2024** – Adyen N.V. (OTCMKTS: ADYEY), the global payments platform provider, saw a notable decrease in short interest during August. According to data released on August 31st, short interest totaled 558,200 shares, marking a 9.4% decline from the August 15th total of 615,800 shares. With an average daily volume of 642,600 shares, the short-interest ratio currently sits at 0.9 days.

This decline in short interest suggests a growing confidence among investors in Adyen’s future prospects. The company’s recent performance and positive analyst sentiment likely contributed to this shift. In August, both Barclays and Citigroup upgraded Adyen to a “strong-buy” rating, highlighting its potential for growth and profitability.

Adyen’s platform offers a comprehensive suite of payment services, including gateway, risk management, processing, issuing, acquiring, and settlement services. The company operates across Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America.

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