Givaudan SA (OTCMKTS:GVDNY) Short Interest Update

Key Points

• Givaudan SA experienced a significant increase in short interest of 70.9% in July, with totals rising to 9,400 shares from 5,500 shares in June.
• The company's stock opened at $84.75, with a 12-month price range of $81.37 to $110.32.
• Barclays upgraded Givaudan's rating from "strong sell" to "hold" as of July 8th.

Givaudan SA (OTCMKTS:GVDNY - Get Free Report) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 9,400 shares, agrowthof70.9% from the June 30th total of 5,500 shares. Based on an average daily volume of 34,800 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 34,800 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Upgrades and Downgrades

Separately, Barclays upgraded shares of Givaudan from a "strong sell" rating to a "hold" rating in a research report on Tuesday, July 8th.

Givaudan Stock Down 0.3%

GVDNY traded down $0.28 during trading on Friday, hitting $84.28. 26,702 shares of the company traded hands, compared to its average volume of 70,696. The stock's fifty day moving average is $95.11 and its 200 day moving average is $92.43. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.49 and a quick ratio of 0.98. 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.