Givaudan SA (OTCMKTS:GVDNY) Short Interest Up 135.1% in January

Givaudan SA (OTCMKTS:GVDNY) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 8,700 shares, an increase 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 presently 0.1 days.

Givaudan Trading Up 0.6 %

Shares of Givaudan stock traded up $0.52 during trading on Friday, hitting $88.20. 24,662 shares of the stock traded hands, compared to its average volume of 35,313. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.43 and a quick ratio of 0.94. Givaudan has a 52 week low of $81.09 and a 52 week high of $110.32. The firm’s fifty day moving average is $87.60 and its 200-day moving average is $94.93.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on GVDNY shares. Citigroup cut Givaudan from a “buy” rating to a “neutral” rating in a research note on Thursday, October 17th. Barclays cut shares of 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.