Givaudan SA (OTCMKTS:GVDNY) Short Interest Down 90.0% in March

Givaudan SA (OTCMKTS:GVDNY - Get Free Report) was the target of a large decline in short interest in March. As of March 31st, there was short interest totalling 300 shares, a decline of 90.0% from the March 15th total of 3,000 shares. Based on an average daily volume of 45,100 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company's shares are short sold.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank raised shares of Givaudan from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 14th.

Givaudan Stock Up 1.9 %

Givaudan stock traded up $1.69 during trading on Friday, reaching $92.84. 11,765 shares of the company's stock were exchanged, compared to its average volume of 29,443. The company's 50-day moving average is $88.79 and its two-hundred day moving average is $89.92. The company has a quick ratio of 0.94, a current ratio of 1.43 and a debt-to-equity ratio of 0.99. Givaudan has a 52-week low of $81.37 and a 52-week high of $110.32.

Givaudan Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, April 9th. Investors of record on Tuesday, March 25th were given a dividend of $1.5503 per share. The ex-dividend date of this dividend was Tuesday, March 25th. This is a positive change from Givaudan's previous dividend of $0.97.

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.