Givaudan SA (OTCMKTS:GVDNY) Short Interest Update

Givaudan SA (OTCMKTS:GVDNY) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 3,700 shares, a growth 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.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on GVDNY shares. Citigroup cut Givaudan from a “buy” rating to a “neutral” rating in a research report on Thursday, October 17th. Barclays downgraded shares of Givaudan from a “hold” rating to a “strong sell” rating in a report on Friday, November 15th.

Givaudan Price Performance

GVDNY traded down $0.09 on Thursday, hitting $88.82. The company’s stock had a trading volume of 29,614 shares, compared to its average volume of 18,894. Givaudan has a 12 month low of $75.55 and a 12 month high of $110.32. The company has a quick ratio of 0.94, a current ratio of 1.43 and a debt-to-equity ratio of 0.99. The company’s 50 day simple moving average is $90.51 and its 200-day simple moving average is $96.70.

About Givaudan

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.