Novozymes A/S (OTCMKTS:NVZMY) Short Interest Down 86.1% in July

Key Points

• Novozymes A/S experienced a significant decrease in short interest, dropping by 86.1% to 7,600 shares as of July 31st.
• The company's current stock price is $65.53, with a market capitalization of $30.69 billion and a price-to-earnings ratio of 41.48.
• Novozymes A/S provides a range of products including industrial enzymes and probiotics for various sectors globally.

Novozymes A/S (OTCMKTS:NVZMY - Get Free Report) saw a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 7,600 shares, adropof86.1% from the July 15th total of 54,500 shares. Based on an average daily volume of 99,800 shares, the short-interest ratio is presently 0.1 days. Approximately0.0% of the shares of the stock are sold short. Approximately0.0% of the shares of the stock are sold short. Based on an average daily volume of 99,800 shares, the short-interest ratio is presently 0.1 days.

Novozymes A/S Price Performance

Shares of NVZMY traded down $0.24 during midday trading on Monday, hitting $64.75. The company's stock had a trading volume of 434 shares, compared to its average volume of 36,852. The company's fifty day simple moving average is $70.13 and its two-hundred day simple moving average is $64.78. The stock has a market capitalization of $30.32 billion, a price-to-earnings ratio of 40.98, a price-to-earnings-growth ratio of 1.23 and a beta of 0.90. Novozymes A/S has a one year low of $53.95 and a one year high of $75.99. The company has a quick ratio of 1.04, a current ratio of 1.66 and a debt-to-equity ratio of 0.11.

Novozymes A/S Company Profile

Novozymes A/S produces and sells industrial enzymes, microorganisms, and probiotics in Denmark, rest of Europe, North America, Asia Pacific, the Middle East, Africa, Latin America, and internationally. The company offers protein solutions for the food and beverage industry. It also offers industrial hygiene, drain openers, hard surface, medical cleaning, septic tanks, ware washing, and professional laundry services.