Danone S.A. (OTCMKTS:DANOY) Sees Significant Decrease in Short Interest

Danone S.A. (OTCMKTS:DANOY - Get Free Report) saw a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 12,100 shares, a decrease of 83.3% from the December 15th total of 72,300 shares. Based on an average trading volume of 1,024,700 shares, the days-to-cover ratio is currently 0.0 days.

Danone Trading Down 0.6 %

DANOY traded down $0.08 during trading on Monday, reaching $13.10. The company had a trading volume of 513,883 shares, compared to its average volume of 483,669. The firm's 50-day simple moving average is $13.61 and its 200 day simple moving average is $13.64. Danone has a 12-month low of $7.08 and a 12-month high of $14.72.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on DANOY. The Goldman Sachs Group raised shares of Danone to a "hold" rating in a research note on Tuesday, December 17th. Jefferies Financial Group cut Danone from a "hold" rating to an "underperform" rating in a report on Wednesday, January 8th.

Danone Company Profile

Danone SA operates in the food and beverage industry in Europe, Ukraine, North America, China, North Asia, the Oceania, Latin America, rest of Asia, Africa, Turkey, the Middle East, and the Commonwealth of Independent States. The company operates through Essential Dairy & Plant-Based, Specialized Nutrition, and Waters segments.

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