Short Interest in Givaudan SA (OTCMKTS:GVDNY) Grows By 135.1%

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

Givaudan Stock Performance

OTCMKTS GVDNY traded down $0.58 during trading on Tuesday, hitting $84.26. The stock had a trading volume of 49,571 shares, compared to its average volume of 42,608. Givaudan has a 12 month low of $75.55 and a 12 month high of $110.32. The company’s 50-day moving average price is $88.00 and its two-hundred day moving average price is $95.77. The company has a current ratio of 1.43, a quick ratio of 0.94 and a debt-to-equity ratio of 0.99.

Analyst Ratings Changes

GVDNY has been the subject of a number of research analyst reports. Barclays cut Givaudan from a “hold” rating to a “strong sell” rating in a report 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 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.