Short Interest in Givaudan SA (OTCMKTS:GVDNY) Increases By 1,900.0%

Givaudan SA (OTCMKTS:GVDNY - Get Free Report) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 6,000 shares, an increase of 1,900.0% from the March 31st total of 300 shares. Based on an average daily trading volume, of 62,200 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, Berenberg Bank raised shares of Givaudan from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 14th.

Givaudan Stock Performance

Givaudan stock traded up $0.98 during mid-day trading on Wednesday, hitting $96.23. The company had a trading volume of 11,999 shares, compared to its average volume of 28,096. Givaudan has a 12-month low of $81.37 and a 12-month high of $110.32. The company's fifty day moving average is $89.77 and its 200-day moving average is $89.46. The company has a current ratio of 1.43, a quick ratio of 0.94 and a debt-to-equity ratio of 0.99.

Givaudan Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, April 9th. Investors of record on Tuesday, March 25th were issued a dividend of $1.5503 per share. The ex-dividend date was Tuesday, March 25th. This is an increase from Givaudan's previous dividend of $0.97.

Givaudan Company Profile

Givaudan SA manufactures, supplies, and sells fragrance, beauty, taste, and wellbeing products to the consumer goods industry. The company operates through divisions, Fragrance & Beauty, and Taste & Wellbeing. The Fragrance & Beauty division offers fine fragrances; consumer products, such as personal, home, fabric, and oral care; fragrance ingredients; and active beauty products.