Givaudan SA (OTCMKTS:GVDNY) Short Interest Up 5.7% in March

Givaudan SA (OTCMKTS:GVDNY - Get Free Report) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 3,700 shares, a growth of 5.7% from the February 29th total of 3,500 shares. Based on an average trading volume of 18,800 shares, the days-to-cover ratio is currently 0.2 days.

Givaudan Price Performance

Givaudan stock traded down $1.16 during mid-day trading on Tuesday, hitting $88.72. The company's stock had a trading volume of 70,868 shares, compared to its average volume of 12,060. The company has a 50 day moving average of $85.89 and a 200-day moving average of $76.93. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.14 and a current ratio of 1.75. Givaudan has a one year low of $61.39 and a one year high of $92.94.

Givaudan Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, April 11th. Shareholders of record on Tuesday, March 26th will be issued a $0.9745 dividend. This is a boost from Givaudan's previous dividend of $0.90. The ex-dividend date is Monday, March 25th.

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.