Short Interest in Givaudan SA (OTCMKTS:GVDNY) Drops By 97.5%

Givaudan SA (OTCMKTS:GVDNY - Get Free Report) was the target of a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 400 shares, a decrease of 97.5% from the January 15th total of 15,900 shares. Based on an average daily trading volume, of 82,000 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Separately, Barclays lowered Givaudan from a "hold" rating to a "strong sell" rating in a report on Friday, November 15th.

Givaudan Price Performance

Shares of Givaudan stock traded up $2.98 on Friday, reaching $89.96. 28,991 shares of the company were exchanged, compared to its average volume of 35,869. Givaudan has a fifty-two week low of $82.67 and a fifty-two week high of $110.32. The company has a quick ratio of 0.94, a current ratio of 1.43 and a debt-to-equity ratio of 0.99. The stock has a fifty day moving average price of $87.15 and a 200-day moving average price of $94.22.

About Givaudan

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.