Danone S.A. (OTCMKTS:DANOY) Short Interest Update

Danone S.A. (OTCMKTS:DANOY) was the recipient of a significant increase in short interest in May. As of May 31st, there was short interest totalling 151,700 shares, an increase of 63.6% from the May 15th total of 92,700 shares. Based on an average daily trading volume, of 2,426,800 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on DANOY. Royal Bank of Canada lowered shares of Danone from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, February 26th. Citigroup reaffirmed a “neutral” rating on shares of Danone in a research report on Thursday, April 24th. One equities research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Danone Price Performance

OTCMKTS DANOY traded down $0.23 on Monday, reaching $16.74. The company had a trading volume of 204,445 shares, compared to its average volume of 711,400. The company has a quick ratio of 0.74, a current ratio of 0.91 and a debt-to-equity ratio of 0.60. Danone has a 1 year low of $12.16 and a 1 year high of $17.65. The firm has a 50-day moving average of $16.73 and a 200-day moving average of $15.05.

Danone Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, May 5th were paid a $0.3675 dividend. The ex-dividend date was Friday, May 2nd. This represents a dividend yield of 2.16%.

About Danone

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.