Chr. Hansen Holding A/S (OTCMKTS:CHYHY) Sees Large Growth in Short Interest

Chr. Hansen Holding A/S (OTCMKTS:CHYHYGet Rating) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 19,500 shares, a growth of 364.3% from the April 30th total of 4,200 shares. Based on an average daily volume of 95,900 shares, the days-to-cover ratio is currently 0.2 days.

OTCMKTS:CHYHY traded up $0.22 on Friday, hitting $18.75. The stock had a trading volume of 25,639 shares, compared to its average volume of 50,639. Chr. Hansen Holding A/S has a 52 week low of $16.82 and a 52 week high of $24.21. The business’s fifty day moving average is $18.97 and its 200 day moving average is $19.07.

Several research analysts have weighed in on CHYHY shares. Barclays decreased their target price on Chr. Hansen Holding A/S from 550.00 to 540.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 29th. Credit Suisse Group boosted their price target on Chr. Hansen Holding A/S from 530.00 to 550.00 and gave the company a “neutral” rating in a research note on Thursday, April 7th. Five equities research analysts have rated the stock with a hold rating, According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $411.89.

Chr. Hansen Holding A/S Company Profile (Get Rating)

Chr. Hansen Holding A/S, a bioscience company, develops natural ingredient solutions for the food, nutritional, pharmaceutical, and agricultural industries in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific. It operates through Food Cultures & Enzymes, and Health & Nutrition segments.

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