Danone (OTCMKTS:DANOY) Short Interest Up 861.2% in July

Key Points

• Danone experienced an 861.2% increase in short interest in July, with total shorting rising from 15,200 shares to 146,100 shares.
• Analysts have mixed ratings for Danone, with one sell rating, five hold ratings, and one buy rating, leading to an average rating of "Hold."
• The stock of Danone traded at $16.73, with a 52-week range between $13.02 and $17.65.

Danone (OTCMKTS:DANOY - Get Free Report) saw a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 146,100 shares, agrowthof861.2% from the July 15th total of 15,200 shares. Based on an average daily volume of 480,600 shares, the days-to-cover ratio is currently 0.3 days. Approximately0.0% of the shares of the company are sold short. Approximately0.0% of the shares of the company are sold short. Based on an average daily volume of 480,600 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Morgan Stanley reissued an "overweight" rating on shares of Danone in a research note on Monday, August 4th. Citigroup reissued a "neutral" rating on shares of Danone in a research report on Thursday, April 24th. Finally, Wall Street Zen lowered Danone from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold".

Danone Stock Performance

Shares of OTCMKTS:DANOY traded down $0.05 during trading on Thursday, hitting $16.73. 148,284 shares of the company were exchanged, compared to its average volume of 610,490. Danone has a 52-week low of $13.02 and a 52-week high of $17.65. The company has a current ratio of 0.93, a quick ratio of 0.77 and a debt-to-equity ratio of 0.56. The stock has a 50 day moving average of $16.30 and a 200 day moving average of $15.85.

About Danone

Danone SA operates in the food and beverage industry in Europe, Ukraine, North America, China, North Asia, the Oceania, Latin America, rest of Asia, Africa, Turkey, the Middle East, and the Commonwealth of Independent States. The company operates through Essential Dairy & Plant-Based, Specialized Nutrition, and Waters segments.

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