Short Interest in Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) Drops By 50.6%

Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 151,351 shares, a drop of 50.6% from the May 31st total of 306,339 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 910,198 shares, the short-interest ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada raised shares of Compagnie de Saint-Gobain from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

Compagnie de Saint-Gobain Stock Down 2.0%

CODYY opened at $17.88 on Tuesday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.86 and a current ratio of 1.27. Compagnie de Saint-Gobain has a 1 year low of $15.42 and a 1 year high of $24.52. The stock’s 50 day simple moving average is $18.01 and its 200-day simple moving average is $18.71.

About Compagnie de Saint-Gobain

Compagnie de Saint-Gobain (OTCMKTS: CODYY) is a French multinational that develops, manufactures and distributes building materials and high-performance solutions for construction, mobility and industrial markets. Founded in 1665 and headquartered in Courbevoie, France, the company has evolved from its origins in glassmaking into a diversified materials group producing an array of products used across building envelopes, interiors and specialized industrial applications.

Saint-Gobain’s product portfolio includes glass and glazing systems, insulation and gypsum-based solutions, mortars, exterior and interior finishing systems, piping and high-performance ceramics and abrasives.