Avolta AG - Unsponsored ADR (OTCMKTS:DUFRY) Sees Large Growth in Short Interest

Key Points

• Avolta AG experienced a significant increase in short interest, rising by 196.2% from July to August, with a total of 62,500 shares shorted.
• On August 7th, BNP Paribas upgraded Avolta's rating from "hold" to "strong-buy," contributing to a consensus rating of "Strong Buy" for the stock.
• The stock saw a slight increase of 1.1% on Thursday, trading at $5.52, with a 52-week range of $3.57 to $5.85.

Avolta AG - Unsponsored ADR (OTCMKTS:DUFRY - Get Free Report) was the target of a large increase in short interest during the month of August. As of August 15th, there was short interest totaling 62,500 shares, anincreaseof196.2% from the July 31st total of 21,100 shares. Based on an average trading volume of 719,800 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 719,800 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, BNP Paribas raised shares of Avolta from a "hold" rating to a "strong-buy" rating in a research report on Thursday, August 7th. One analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, Avolta has an average rating of "Strong Buy".

Avolta Trading Down 0.1%

Shares of DUFRY traded down $0.01 during trading hours on Tuesday, hitting $5.60. The company's stock had a trading volume of 24,049 shares, compared to its average volume of 94,526. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.69 and a quick ratio of 0.37. Avolta has a 52-week low of $3.57 and a 52-week high of $5.85. The business has a 50 day simple moving average of $5.48 and a two-hundred day simple moving average of $5.00.

About Avolta

Avolta AG operates as a travel retailer. The company's retail brands include general travel retail shops under the Dufry, World Duty Free, Nuance, Hellenic Duty Free, Zurich Duty-Free or Stockholm Duty-Free, Autogrill, and HMSHost brands; Dufry shopping stores; brand boutiques; convenience stores primarily under the Hudson brand; and specialized shops and theme stores.