Givaudan SA (OTCMKTS:GVDNY) Short Interest Update

Key Points

• Givaudan SA experienced a significant increase in short interest of 150.0% in August, with total short interest rising to 2,500 shares.
• Barclays upgraded Givaudan's rating from "strong sell" to "hold", contributing to a consensus rating of "Moderate Buy" among analysts.
• The company's stock is currently trading at $85.56, with a twelve-month range between $81.37 and $110.32.

Givaudan SA (OTCMKTS:GVDNY - Get Free Report) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 2,500 shares, an increase of 150.0% from the August 15th total of 1,000 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 63,700 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 63,700 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on GVDNY. Jefferies Financial Group raised Givaudan from a "moderate sell" rating to a "hold" rating in a report on Friday, September 12th. Barclays raised Givaudan from a "strong sell" rating to a "hold" rating in a report on Tuesday, July 8th. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy".

Givaudan Price Performance

Shares of OTCMKTS:GVDNY traded down $0.08 during midday trading on Thursday, reaching $83.72. 27,040 shares of the company were exchanged, compared to its average volume of 103,057. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.49 and a quick ratio of 0.98. The business's fifty day moving average is $86.65 and its two-hundred day moving average is $91.85. Givaudan has a one year low of $81.37 and a one year high of $110.32.

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.