Avolta AG – Unsponsored ADR (OTCMKTS:DUFRY) Sees Significant Growth in Short Interest

Avolta AG – Unsponsored ADR (OTCMKTS:DUFRY) was the target of a large increase in short interest during the month of August. As of August 15th, there was short interest totaling 62,500 shares, anincreaseof196.2% from the July 31st total of 21,100 shares. Based on an average daily trading volume, of 719,800 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 719,800 shares, the days-to-cover ratio is currently 0.1 days.

Avolta Stock Up 0.9%

Shares of OTCMKTS:DUFRY opened at $5.55 on Friday. The company’s 50-day moving average is $5.48 and its 200 day moving average is $4.99. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.69 and a quick ratio of 0.37. Avolta has a fifty-two week low of $3.57 and a fifty-two week high of $5.85.

Wall Street Analyst Weigh In

Separately, BNP Paribas upgraded shares of Avolta from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Strong Buy”.

Avolta Company Profile

Avolta AG operates as a travel retailer. The company’s retail brands include general travel retail shops under the Dufry, World Duty Free, Nuance, Hellenic Duty Free, Zurich Duty-Free or Stockholm Duty-Free, Autogrill, and HMSHost brands; Dufry shopping stores; brand boutiques; convenience stores primarily under the Hudson brand; and specialized shops and theme stores.