Avolta AG - Unsponsored ADR (OTCMKTS:DUFRY) Short Interest Down 74.1% in August

Key Points

• The short interest in Avolta AG - Unsponsored ADR (OTCMKTS:DUFRY) significantly decreased by 74.1% in August, dropping from 62,500 shares to 16,200 shares.
• BNP Paribas upgraded Avolta from a "hold" to a "strong-buy" rating, contributing to a consensus rating of "Strong Buy" from analysts.
• Avolta's stock recently traded at $5.66, showing a range between a 12-month low of $3.57 and a high of $5.85.

Avolta AG - Unsponsored ADR (OTCMKTS:DUFRY - Get Free Report) was the target of a large drop in short interest in August. As of August 31st, there was short interest totaling 16,200 shares, a drop of 74.1% from the August 15th total of 62,500 shares. Approximately 0.0% of the company's stock are sold short. Based on an average daily volume of 102,000 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 102,000 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company's stock are sold short.

Avolta Price Performance

Shares of DUFRY traded down $0.01 during trading hours on Friday, hitting $5.66. The stock had a trading volume of 27,249 shares, compared to its average volume of 93,975. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.37 and a current ratio of 0.69. Avolta has a 12 month low of $3.57 and a 12 month high of $5.85. The stock has a fifty day moving average price of $5.49 and a 200 day moving average price of $5.02.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas raised Avolta from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, According to MarketBeat, Avolta presently has a consensus rating of "Strong Buy".

Avolta Company Profile

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.

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