Givaudan SA (OTCMKTS:GVDNY) Short Interest Down 75.4% in July

Givaudan SA (OTCMKTS:GVDNY) was the recipient of a significant drop in short interest in July. As of July 15th, there was short interest totalling 2,800 shares, a drop of 75.4% from the June 30th total of 11,400 shares. Based on an average trading volume of 24,200 shares, the days-to-cover ratio is presently 0.1 days.

Givaudan Stock Performance

Shares of GVDNY traded up $0.43 during mid-day trading on Thursday, reaching $94.87. The company’s stock had a trading volume of 12,328 shares, compared to its average volume of 17,610. Givaudan has a 52 week low of $61.39 and a 52 week high of $98.07. The company’s fifty day moving average price is $95.36 and its two-hundred day moving average price is $89.05. The company has a current ratio of 1.75, a quick ratio of 1.14 and a debt-to-equity ratio of 1.12.

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.