Danone S.A. (OTCMKTS:DANOY) Short Interest Up 154.7% in March

Danone S.A. (OTCMKTS:DANOY) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 95,500 shares, a growth of 154.7% from the February 28th total of 37,500 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 2,665,300 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Royal Bank of Canada lowered shares of Danone from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, February 26th. Jefferies Financial Group downgraded Danone from a “hold” rating to an “underperform” rating in a research report on Wednesday, January 8th. Sanford C. Bernstein raised shares of Danone from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 9th. Finally, The Goldman Sachs Group raised shares of Danone to a “hold” rating in a research note on Tuesday, December 17th.

Danone Stock Up 0.7 %

OTCMKTS DANOY traded up $0.11 during trading hours on Thursday, hitting $15.25. 209,383 shares of the company’s stock were exchanged, compared to its average volume of 768,016. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.74 and a current ratio of 0.91. The business’s 50 day moving average is $14.41 and its 200-day moving average is $14.09. Danone has a 12-month low of $12.01 and a 12-month high of $15.68.

About Danone

Danone SA operates in the food and beverage industry in Europe, Ukraine, North America, China, North Asia, the Oceania, Latin America, rest of Asia, Africa, Turkey, the Middle East, and the Commonwealth of Independent States. The company operates through Essential Dairy & Plant-Based, Specialized Nutrition, and Waters segments.