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Compagnie de Saint-Gobain S.A. (OTCMKTS:CODYY) Sees Large Decline in Short Interest

Compagnie de Saint-Gobain logo with Construction background

Compagnie de Saint-Gobain S.A. (OTCMKTS:CODYY - Get Free Report) saw a significant drop in short interest in May. As of May 15th, there was short interest totalling 101,600 shares, a drop of 65.0% from the April 30th total of 290,400 shares. Based on an average daily trading volume, of 422,100 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company's stock are short sold.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Royal Bank of Canada upgraded Compagnie de Saint-Gobain to a "moderate buy" rating in a report on Tuesday, May 13th. Berenberg Bank upgraded Compagnie de Saint-Gobain from a "hold" rating to a "strong-buy" rating in a report on Thursday, April 10th. Finally, Sanford C. Bernstein upgraded Compagnie de Saint-Gobain to a "hold" rating in a report on Tuesday, May 13th.

Check Out Our Latest Stock Report on Compagnie de Saint-Gobain

Compagnie de Saint-Gobain Price Performance

OTCMKTS CODYY traded down $0.28 during trading on Friday, hitting $22.52. 71,697 shares of the company traded hands, compared to its average volume of 215,751. Compagnie de Saint-Gobain has a 12 month low of $15.32 and a 12 month high of $23.38. The business has a fifty day simple moving average of $21.02 and a 200 day simple moving average of $19.77.

About Compagnie de Saint-Gobain

(Get Free Report)

Compagnie de Saint-Gobain SA designs, manufactures, and distributes materials and solutions for the construction and industrial markets worldwide. It operates through five segments: High Performance Solutions; Northern Europe; Southern Europe Middle East (ME) & Africa; Americas; and Asia-Pacific.

Further Reading

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