Short Interest in Givaudan SA (OTCMKTS:GVDNY) Rises By 135.1%

Givaudan SA (OTCMKTS:GVDNY) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 8,700 shares, an increase of 135.1% from the December 15th total of 3,700 shares. Based on an average trading volume of 81,500 shares, the short-interest ratio is currently 0.1 days.

Givaudan Trading Up 1.2 %

GVDNY traded up $0.97 during trading on Thursday, hitting $85.23. The company’s stock had a trading volume of 24,454 shares, compared to its average volume of 34,693. The business’s 50 day simple moving average is $87.71 and its 200-day simple moving average is $95.62. Givaudan has a one year low of $75.55 and a one year 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.

Analyst Upgrades and Downgrades

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

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.