Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) Sees Large Growth in Short Interest

Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) was the recipient of a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 164,606 shares, an increase of 345.4% from the October 15th total of 36,960 shares. Based on an average daily volume of 2,935,141 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

CODYY has been the subject of several recent research reports. Royal Bank Of Canada downgraded Compagnie de Saint-Gobain from a “moderate buy” rating to a “hold” rating in a report on Friday, October 9th. Zacks Research upgraded Compagnie de Saint-Gobain from a “strong sell” rating to a “hold” rating in a research note on Monday, August 31st. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce”.

Compagnie de Saint-Gobain Price Performance

OTCMKTS CODYY opened at $8.30 on Friday. The company’s fifty day simple moving average is $7.82 and its 200-day simple moving average is $13.77. Compagnie de Saint-Gobain has a 52 week low of $7.15 and a 52 week high of $10.85.

About Compagnie de Saint-Gobain

Compagnie de Saint-Gobain is a French multinational that designs, manufactures and distributes materials and solutions for construction and other industrial markets. Its products support building renovation and new construction, with a focus on energy efficiency, comfort and sustainability. The company’s offerings include insulation, gypsum products, construction chemicals and mortars, glass, and building materials distribution. Saint-Gobain serves customers in markets around the world, including Europe, the Americas and Asia-Pacific.