Compagnie de Saint-Gobain - Unsponsored ADR (OTCMKTS:CODYY) Short Interest Update

Key Points

• Short interest in Compagnie de Saint-Gobain decreased by 63.2% in August, dropping from 128,100 shares to 47,200 shares.
• The stock currently has a moderate buy rating from analysts, with two analysts giving it a strong buy and four assigning a hold rating.
• CODYY shares opened at $22.09, with a 52-week range of $16.66 to $24.52.

Compagnie de Saint-Gobain - Unsponsored ADR (OTCMKTS:CODYY - Get Free Report) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 47,200 shares, a decline of 63.2% from the August 15th total of 128,100 shares. Based on an average trading volume of 315,600 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company's stock are sold short. Approximately 0.0% of the company's stock are sold short. Based on an average trading volume of 315,600 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. DZ Bank raised shares of Compagnie de Saint-Gobain from a "strong sell" rating to a "strong-buy" rating in a report on Friday, August 8th. Zacks Research cut shares of Compagnie de Saint-Gobain from a "strong-buy" rating to a "hold" rating in a report on Monday, September 1st. Finally, The Goldman Sachs Group raised shares of Compagnie de Saint-Gobain to a "hold" rating in a report on Tuesday, June 17th. Two analysts have rated the stock with a Strong Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy".

Compagnie de Saint-Gobain Trading Up 0.3%

Shares of Compagnie de Saint-Gobain stock traded up $0.06 during trading on Thursday, reaching $22.09. The company's stock had a trading volume of 89,346 shares, compared to its average volume of 200,194. The company has a 50-day moving average price of $22.59 and a two-hundred day moving average price of $21.98. Compagnie de Saint-Gobain has a fifty-two week low of $16.66 and a fifty-two week high of $24.52. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.92 and a current ratio of 1.35.

About Compagnie de Saint-Gobain

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.