Givaudan SA (OTCMKTS:GVDNY) Short Interest Update

Givaudan SA (OTCMKTS:GVDNY) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 8,700 shares, an increase of 135.1% from the December 31st total of 3,700 shares. Based on an average trading volume of 81,500 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Several brokerages have commented on GVDNY. Barclays lowered Givaudan from a “hold” rating to a “strong sell” rating in a research note on Friday, November 15th. Citigroup lowered Givaudan from a “buy” rating to a “neutral” rating in a research report on Thursday, October 17th.

Givaudan Price Performance

OTCMKTS GVDNY traded up $0.52 on Friday, reaching $88.20. The company had a trading volume of 24,662 shares, compared to its average volume of 35,313. The company has a quick ratio of 0.94, a current ratio of 1.43 and a debt-to-equity ratio of 0.99. The firm has a 50-day moving average of $87.60 and a 200-day moving average of $94.93. Givaudan has a 1 year low of $81.09 and a 1 year high of $110.32.

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.