Danone S.A. (OTCMKTS:DANOY) Sees Significant Growth in Short Interest

Danone S.A. (OTCMKTS:DANOY) was the recipient of a large growth in short interest during the month of 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. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 2,665,300 shares, the days-to-cover ratio is presently 0.0 days.

Danone Trading Up 0.3 %

Shares of OTCMKTS DANOY traded up $0.05 during trading on Friday, hitting $15.30. 133,893 shares of the company were exchanged, compared to its average volume of 757,277. The company has a quick ratio of 0.74, a current ratio of 0.91 and a debt-to-equity ratio of 0.60. The company has a fifty day moving average price of $14.49 and a 200-day moving average price of $14.10. Danone has a 12-month low of $12.01 and a 12-month high of $15.68.

Wall Street Analyst Weigh In

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

Danone Company Profile

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.