Givaudan SA (OTCMKTS:GVDBF) Sees Significant Drop in Short Interest

Givaudan SA (OTCMKTS:GVDBF) was the recipient of a large decline in short interest in November. As of November 15th, there was short interest totalling 55,800 shares, a decline of 9.6% from the October 31st total of 61,700 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 558.0 days.

Givaudan Stock Performance

OTCMKTS:GVDBF remained flat at $4,326.68 during trading hours on Monday. Givaudan has a 12 month low of $3,294.45 and a 12 month high of $5,335.00. The firm has a fifty day simple moving average of $4,953.12 and a 200-day simple moving average of $4,854.08.

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.