Givaudan SA (OTCMKTS:GVDNY) Short Interest Update

Givaudan SA (OTCMKTS:GVDNY) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 3,700 shares, a growth of 236.4% from the November 30th total of 1,100 shares. Based on an average trading volume of 60,900 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on GVDNY shares. Barclays cut Givaudan from a “hold” rating to a “strong sell” rating in a research note on Friday, November 15th. Citigroup lowered shares of Givaudan from a “buy” rating to a “neutral” rating in a research report on Thursday, October 17th.

Givaudan Stock Performance

Shares of OTCMKTS:GVDNY traded down $0.26 during trading on Friday, reaching $88.57. 74,030 shares of the stock were exchanged, compared to its average volume of 19,115. Givaudan has a 12 month low of $75.55 and a 12 month high of $110.32. The stock has a 50-day moving average price of $90.27 and a 200-day moving average price of $96.63. The company has a current ratio of 1.43, a quick ratio of 0.94 and a debt-to-equity ratio of 0.99.

About Givaudan

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.