Danone S.A. (OTCMKTS:DANOY) Short Interest Up 117.9% in July

Danone S.A. (OTCMKTS:DANOY) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totalling 307,300 shares, an increase of 117.9% from the June 30th total of 141,000 shares. Based on an average daily trading volume, of 334,100 shares, the days-to-cover ratio is presently 0.9 days.

Danone Stock Performance

Shares of OTCMKTS:DANOY traded up $0.18 during mid-day trading on Friday, hitting $12.83. 116,107 shares of the company traded hands, compared to its average volume of 278,114. Danone has a 52-week low of $10.69 and a 52-week high of $13.48. The firm’s 50 day simple moving average is $12.73 and its 200 day simple moving average is $12.87.

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.