Givaudan SA (OTCMKTS:GVDNY) Short Interest Up 150.0% in August

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 recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 2,500 shares, a growth of 150.0% from the August 15th total of 1,000 shares. 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 company's stock are short sold. Approximately 0.0% of the company's stock are short sold. Based on an average daily trading volume, of 63,700 shares, the short-interest ratio is presently 0.0 days.

Analyst Ratings Changes

Separately, Barclays raised Givaudan from a "strong sell" rating to a "hold" rating in a report on Tuesday, July 8th. One analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy".

Givaudan Trading Down 0.0%

Shares of GVDNY stock traded down $0.04 during trading hours on Friday, hitting $85.56. The stock had a trading volume of 308,292 shares, compared to its average volume of 37,101. Givaudan has a twelve month low of $81.37 and a twelve month high of $110.32. The stock's 50 day moving average is $87.63 and its 200 day moving average is $92.00. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.49 and a quick ratio of 0.98.

About Givaudan

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.

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