Compagnie de Saint-Gobain S.A. (OTCMKTS:CODYY) Sees Significant Drop in Short Interest

Compagnie de Saint-Gobain S.A. (OTCMKTS:CODYYGet Free Report) was the recipient of a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 52,100 shares, a decline of 63.0% from the December 31st total of 140,900 shares. Based on an average daily volume of 195,200 shares, the days-to-cover ratio is presently 0.3 days.

Compagnie de Saint-Gobain Price Performance

Shares of Compagnie de Saint-Gobain stock traded up $0.03 during trading on Tuesday, hitting $18.72. 49,920 shares of the company were exchanged, compared to its average volume of 117,772. Compagnie de Saint-Gobain has a 1-year low of $13.86 and a 1-year high of $19.18. The firm’s fifty day moving average price is $18.08 and its 200 day moving average price is $17.76.

Wall Street Analyst Weigh In

Separately, UBS Group lowered Compagnie de Saint-Gobain from a “buy” rating to a “neutral” rating in a research report on Thursday, January 16th.

Check Out Our Latest Stock Report on CODYY

About Compagnie de Saint-Gobain

(Get Free Report)

Compagnie de Saint-Gobain SA designs, manufactures, and distributes materials and solutions for the construction and industrial markets worldwide. It operates through five segments: High Performance Solutions; Northern Europe; Southern Europe Middle East (ME) & Africa; Americas; and Asia-Pacific.

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