Short Interest in Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) Declines By 83.0%

Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) was the recipient of a significant drop in short interest in August. As of August 31st, there was short interest totaling 87,030 shares, a drop of 83.0% from the August 15th total of 511,414 shares. Based on an average daily volume of 1,503,032 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Analysts Set New Price Targets

Separately, Zacks Research raised Compagnie de Saint-Gobain from a “strong sell” rating to a “hold” rating in a research report on Monday, August 31st. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold”.

Compagnie de Saint-Gobain Stock Up 0.2%

Shares of CODYY stock opened at $8.23 on Friday. Compagnie de Saint-Gobain has a 1-year low of $7.71 and a 1-year high of $11.16. The stock’s fifty day moving average price is $9.56 and its 200 day moving average price is $14.90. 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 Company Profile

Compagnie de Saint-Gobain is a French multinational company that designs, manufactures and distributes solutions for the construction and industrial markets. Its products support building renovation, new construction and infrastructure projects, with a focus on improving energy efficiency, comfort, durability and sustainability.

The company’s activities include glass, insulation, gypsum products, mortars, construction chemicals, ceramics and other high-performance materials. Saint-Gobain also operates distribution businesses that supply building materials, tools and related products to construction professionals and customers in the renovation and home-improvement markets.

Founded in France in 1665, Saint-Gobain has developed into an international group serving customers across Europe, North and South America, Asia and other global markets.