Givaudan SA (OTCMKTS:GVDNY) Short Interest Update

Givaudan SA (OTCMKTS:GVDNY) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totalling 3,700 shares, an increase of 236.4% from the November 30th total of 1,100 shares. Based on an average daily trading volume, of 60,900 shares, the days-to-cover ratio is currently 0.1 days.

Givaudan Trading Down 0.3 %

Shares of Givaudan stock traded down $0.26 during trading hours on Friday, reaching $88.57. 74,030 shares of the company’s stock were exchanged, compared to its average volume of 19,115. The company has a current ratio of 1.43, a quick ratio of 0.94 and a debt-to-equity ratio of 0.99. The company has a 50 day moving average of $90.27 and a two-hundred day moving average of $96.63. Givaudan has a fifty-two week low of $75.55 and a fifty-two week high of $110.32.

Analyst Ratings Changes

Several research firms have commented on GVDNY. Barclays cut Givaudan from a “hold” rating to a “strong sell” rating in a research note on Friday, November 15th. Citigroup lowered shares of Givaudan from a “buy” rating to a “neutral” rating in a research report on Thursday, October 17th.

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.