Danone S.A. (OTCMKTS:DANOY) Short Interest Down 77.9% in February

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

Danone Price Performance

OTCMKTS:DANOY traded up $0.07 during midday trading on Friday, hitting $14.26. The stock had a trading volume of 544,288 shares, compared to its average volume of 623,100. Danone has a one year low of $12.01 and a one year high of $14.72. The stock has a 50-day moving average of $13.68 and a 200 day moving average of $13.88. The company has a quick ratio of 0.74, a current ratio of 0.91 and a debt-to-equity ratio of 0.60.

Analyst Ratings Changes

DANOY has been the topic of a number of research reports. Sanford C. Bernstein raised Danone from a “strong sell” rating to a “hold” rating in a report on Thursday, January 9th. The Goldman Sachs Group raised Danone to a “hold” rating in a report on Tuesday, December 17th. Jefferies Financial Group cut Danone from a “hold” rating to an “underperform” rating in a report on Wednesday, January 8th. Finally, Royal Bank of Canada cut Danone from a “moderate buy” rating to a “hold” rating in a report on Wednesday.

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.