Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) Stock Short Interest Falls 69.8%

Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totaling 13,205 shares, a decline of 69.8% from the September 15th total of 43,713 shares. Based on an average daily trading volume, of 2,241,563 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Analyst Ratings Changes

Several analysts recently weighed in on CODYY shares. Royal Bank Of Canada cut shares of Compagnie de Saint-Gobain from a “moderate buy” rating to a “hold” rating in a report on Friday, October 9th. Zacks Research upgraded shares of Compagnie de Saint-Gobain from a “strong sell” rating to a “hold” rating in a research note on Monday, August 31st. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce”.

Compagnie de Saint-Gobain Stock Performance

Shares of Compagnie de Saint-Gobain stock opened at $7.29 on Wednesday. The company has a fifty day simple moving average of $8.55 and a 200-day simple moving average of $13.33. Compagnie de Saint-Gobain has a 12-month low of $7.15 and a 12-month high of $10.85.

About Compagnie de Saint-Gobain

Compagnie de Saint-Gobain is a French multinational company that designs, manufactures and distributes solutions for the construction and industrial markets. Its products and services support building renovation, new construction and infrastructure projects, with a focus on energy efficiency, resource conservation and occupant comfort.

The company’s portfolio includes glass, insulation, gypsum and plasterboard, mortars, construction chemicals, roofing and interior finishing products. Saint-Gobain also operates building-materials distribution businesses and provides high-performance materials and solutions for industrial applications, including mobility and advanced manufacturing.

Founded in 1665 as a glass manufacturer, Saint-Gobain has developed into an international building-solutions group serving customers across Europe, North and South America, Asia-Pacific and other global markets.