Short Interest in Danone S.A. (OTCMKTS:DANOY) Declines By 77.9%

Danone S.A. (OTCMKTS:DANOY - Get Free Report) was the target of a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 11,000 shares, a decrease of 77.9% from the January 31st total of 49,800 shares. Based on an average daily volume of 720,500 shares, the short-interest ratio is currently 0.0 days.

Danone Trading Up 0.5 %

OTCMKTS:DANOY traded up $0.07 during trading hours on Monday, hitting $14.26. 544,288 shares of the stock traded hands, compared to its average volume of 623,100. Danone has a fifty-two week low of $12.01 and a fifty-two week high of $14.72. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.91 and a quick ratio of 0.74. The firm has a 50 day moving average price of $13.68 and a 200 day moving average price of $13.89.

Wall Street Analyst Weigh In

Several research firms have issued reports on DANOY. Jefferies Financial Group cut Danone from a "hold" rating to an "underperform" rating in a report on Wednesday, January 8th. The Goldman Sachs Group raised Danone to a "hold" rating in a report on Tuesday, December 17th. Sanford C. Bernstein upgraded Danone from a "strong sell" rating to a "hold" rating in a research report on Thursday, January 9th. Finally, Royal Bank of Canada downgraded Danone from a "moderate buy" rating to a "hold" rating in a report on Wednesday, February 26th.

About Danone

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.