Novozymes A/S (OTCMKTS:NVZMY) Short Interest Down 98.6% in January

Novozymes A/S (OTCMKTS:NVZMY - Get Free Report) saw a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 100 shares, a decline of 98.6% from the January 15th total of 7,300 shares. Based on an average daily volume of 37,700 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Barclays upgraded Novozymes A/S to a "strong-buy" rating in a research report on Monday, November 18th.

Novozymes A/S Stock Up 2.8 %

OTCMKTS NVZMY traded up $1.57 during trading hours on Friday, hitting $58.35. 13,577 shares of the company were exchanged, compared to its average volume of 20,193. The company has a 50 day moving average of $56.81 and a two-hundred day moving average of $61.94. Novozymes A/S has a 52-week low of $52.77 and a 52-week high of $72.50. The firm has a market cap of $27.33 billion, a price-to-earnings ratio of 36.93, a PEG ratio of 3.87 and a beta of 0.88.

About Novozymes A/S

Novozymes A/S produces and sells industrial enzymes, microorganisms, and probiotics in Denmark, rest of Europe, North America, Asia Pacific, the Middle East, Africa, Latin America, and internationally. The company offers protein solutions for the food and beverage industry. It also offers industrial hygiene, drain openers, hard surface, medical cleaning, septic tanks, ware washing, and professional laundry services.