Givaudan SA (OTCMKTS:GVDNY) Short Interest Up 175.0% in November

Givaudan SA (OTCMKTS:GVDNY) was the target of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 1,100 shares, an increase of 175.0% from the November 15th total of 400 shares. Based on an average daily trading volume, of 55,900 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Citigroup cut shares of Givaudan from a “buy” rating to a “neutral” rating in a report on Thursday, October 17th. Barclays lowered Givaudan from a “hold” rating to a “strong sell” rating in a research note on Friday, November 15th.

Givaudan Trading Down 1.1 %

Shares of GVDNY traded down $0.99 during midday trading on Thursday, reaching $90.31. 27,637 shares of the stock were exchanged, compared to its average volume of 18,181. The stock’s 50 day simple moving average is $93.63 and its 200 day simple moving average is $97.12. Givaudan has a twelve month low of $75.55 and a twelve month 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.

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.