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

Givaudan SA (OTCMKTS:GVDNY) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 8,700 shares, a growth of 135.1% from the December 31st total of 3,700 shares. Based on an average daily volume of 81,500 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analyst Weigh In

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

Givaudan Price Performance

Givaudan stock traded down $1.44 during trading on Wednesday, hitting $87.68. 24,092 shares of the company were exchanged, compared to its average volume of 39,211. The business’s 50 day moving average is $87.60 and its 200 day moving average is $95.03. Givaudan has a 52 week low of $81.09 and a 52 week high of $110.32. The company has a current ratio of 1.43, a quick ratio of 0.94 and a debt-to-equity ratio of 0.99.

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.