Givaudan SA (OTCMKTS:GVDBF) Sees Significant Increase in Short Interest

Givaudan SA (OTCMKTS:GVDBF) was the recipient of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 61,400 shares, a growth of 13.3% from the January 15th total of 54,200 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 614.0 days.

Givaudan Trading Up 9.2 %

Shares of OTCMKTS:GVDBF traded up $376.45 during mid-day trading on Monday, reaching $4,480.00. 4 shares of the company traded hands, compared to its average volume of 93. The company’s 50 day moving average price is $4,297.24 and its 200-day moving average price is $4,712.61. Givaudan has a 52 week low of $3,294.45 and a 52 week high of $5,335.00.

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.