Danone S.A. (OTCMKTS:DANOY) Short Interest Update

Danone S.A. (OTCMKTS:DANOY - Get Free Report) was the recipient of a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 47,600 shares, a decrease of 73.7% from the March 31st total of 181,000 shares. Based on an average trading volume of 1,571,800 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company's stock are sold short.

Danone Trading Up 0.6 %

DANOY stock traded up $0.10 during trading hours on Wednesday, reaching $17.16. The stock had a trading volume of 534,726 shares, compared to its average volume of 704,374. The stock has a 50-day simple moving average of $15.62 and a 200 day simple moving average of $14.40. Danone has a fifty-two week low of $12.01 and a fifty-two week high of $17.65. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.74 and a current ratio of 0.91.

Danone Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, June 5th. Shareholders of record on Monday, May 5th will be paid a $0.3675 dividend. The ex-dividend date is Friday, May 2nd. This represents a yield of 2.16%.

Analysts Set New Price Targets

DANOY has been the topic of a number of recent research reports. Sanford C. Bernstein upgraded shares of Danone from a "strong sell" rating to a "hold" rating in a report on Thursday, January 9th. Royal Bank of Canada lowered shares of Danone from a "moderate buy" rating to a "hold" rating in a research note on Wednesday, February 26th. Citigroup restated a "neutral" rating on shares of Danone in a research note on Thursday, April 24th. Finally, Jefferies Financial Group downgraded Danone from a "hold" rating to an "underperform" rating in a research report on Wednesday, January 8th. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold".

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.