Short Interest in Givaudan SA (OTCMKTS:GVDNY) Grows By 175.0%

Givaudan SA (OTCMKTS:GVDNY) was the recipient of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 1,100 shares, an increase of 175.0% from the November 15th total of 400 shares. Based on an average daily volume of 55,900 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analyst Weigh In

GVDNY has been the topic of several analyst reports. Citigroup lowered Givaudan from a “buy” rating to a “neutral” rating in a research note on Thursday, October 17th. Barclays cut Givaudan from a “hold” rating to a “strong sell” rating in a report on Friday, November 15th.

Givaudan Price Performance

Shares of Givaudan stock traded down $0.99 during midday trading on Friday, reaching $90.31. The company had a trading volume of 27,637 shares, compared to its average volume of 30,562. Givaudan has a 1-year low of $75.55 and a 1-year high of $110.32. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.94 and a current ratio of 1.43. The stock has a fifty day simple moving average of $93.33 and a 200 day simple moving average of $97.08.

Givaudan Company Profile

Givaudan SA manufactures, supplies, and sells fragrance, beauty, taste, and wellbeing products to the consumer goods industry. The company operates through divisions, Fragrance & Beauty, and Taste & Wellbeing. The Fragrance & Beauty division offers fine fragrances; consumer products, such as personal, home, fabric, and oral care; fragrance ingredients; and active beauty products.