Givaudan SA (OTCMKTS:GVDNY) Short Interest Up 135.1% in January

Givaudan SA (OTCMKTS:GVDNY) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 8,700 shares, a growth of 135.1% from the December 31st total of 3,700 shares. Based on an average daily volume of 81,500 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Citigroup lowered Givaudan from a “buy” rating to a “neutral” rating in a research report on Thursday, October 17th. Barclays downgraded shares of Givaudan from a “hold” rating to a “strong sell” rating in a report on Friday, November 15th.

Givaudan Price Performance

Givaudan stock traded down $1.44 during trading on Wednesday, hitting $87.68. The stock had a trading volume of 24,092 shares, compared to its average volume of 39,211. The stock’s 50 day moving average is $87.60 and its two-hundred day moving average is $95.03. Givaudan has a 1 year low of $81.09 and a 1 year high of $110.32. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.43 and a quick ratio of 0.94.

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.