Avolta AG – Unsponsored ADR (OTCMKTS:DUFRY) Short Interest Update

Avolta AG – Unsponsored ADR (OTCMKTS:DUFRY) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 8,350 shares, an increase of 80.7% from the June 15th total of 4,622 shares. Based on an average daily volume of 89,071 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Avolta Trading Down 1.8%

Avolta stock opened at $5.86 on Friday. The stock has a 50-day moving average price of $6.15 and a 200 day moving average price of $6.11. The company has a quick ratio of 0.38, a current ratio of 0.68 and a debt-to-equity ratio of 1.47. Avolta has a 52 week low of $5.00 and a 52 week high of $6.81.

Wall Street Analysts Forecast Growth

Separately, UBS Group downgraded Avolta from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy”.

About Avolta

Avolta AG operates as a travel retailer. The company’s retail brands include general travel retail shops under the Dufry, World Duty Free, Nuance, Hellenic Duty Free, Zurich Duty-Free or Stockholm Duty-Free, Autogrill, and HMSHost brands; Dufry shopping stores; brand boutiques; convenience stores primarily under the Hudson brand; and specialized shops and theme stores. It offers perfumes and cosmetics, food and confectionery, wines and spirits, watches and jewelry, fashion and leather, tobacco goods, souvenirs, electronics, soft drinks, packaged food, travel accessories, personal items, sunglasses, destination, and other products, as well as newspapers, magazines, and books.