Short Interest in Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) Drops By 50.6%

Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) was the target of a large drop in short interest in June. As of June 15th, there was short interest totaling 151,351 shares, a drop of 50.6% from the May 31st total of 306,339 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 910,198 shares, the days-to-cover ratio is currently 0.2 days.

Compagnie de Saint-Gobain Stock Performance

Shares of OTCMKTS:CODYY traded up $0.45 on Thursday, hitting $18.31. 72,777 shares of the company’s stock were exchanged, compared to its average volume of 479,606. The firm’s 50-day moving average is $17.97 and its 200 day moving average is $18.68. The company has a current ratio of 1.27, a quick ratio of 0.86 and a debt-to-equity ratio of 0.49. Compagnie de Saint-Gobain has a 1-year low of $15.42 and a 1-year high of $24.52.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada raised Compagnie de Saint-Gobain from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Compagnie de Saint-Gobain has a consensus rating of “Moderate Buy”.

Compagnie de Saint-Gobain Company Profile

Compagnie de Saint-Gobain (OTCMKTS: CODYY) is a French multinational that develops, manufactures and distributes building materials and high-performance solutions for construction, mobility and industrial markets. Founded in 1665 and headquartered in Courbevoie, France, the company has evolved from its origins in glassmaking into a diversified materials group producing an array of products used across building envelopes, interiors and specialized industrial applications.

Saint-Gobain’s product portfolio includes glass and glazing systems, insulation and gypsum-based solutions, mortars, exterior and interior finishing systems, piping and high-performance ceramics and abrasives.