Chocoladefabriken Lindt & Sprüngli AG (OTCMKTS:LDSVF) Short Interest Up 10.8% in October

Chocoladefabriken Lindt & Sprüngli AG (OTCMKTS:LDSVFGet Rating) saw a significant increase in short interest in October. As of October 31st, there was short interest totalling 8,200 shares, an increase of 10.8% from the October 15th total of 7,400 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 82.0 days.

Chocoladefabriken Lindt & Sprüngli Price Performance

Shares of OTCMKTS LDSVF opened at $10,600.00 on Wednesday. The stock’s fifty day moving average price is $9,821.74 and its two-hundred day moving average price is $10,021.40. Chocoladefabriken Lindt & Sprüngli has a one year low of $9,050.00 and a one year high of $13,875.50.

Analyst Upgrades and Downgrades

LDSVF has been the subject of a number of research reports. Kepler Capital Markets lowered Chocoladefabriken Lindt & Sprüngli from a “hold” rating to a “reduce” rating in a research note on Wednesday, October 26th. Berenberg Bank raised their target price on Chocoladefabriken Lindt & Sprüngli from CHF 9,500 to CHF 10,200 in a report on Thursday, July 28th.

About Chocoladefabriken Lindt & Sprüngli

(Get Rating)

Chocoladefabriken Lindt & Sprüngli AG, together with its subsidiaries, engages in the manufacture and sale of chocolate products worldwide. The company sells its products under the Lindt, Ghirardelli, Russell Stover, Whitman's, Caffarel, Hofbauer, Küfferle, and Pangburn's brands. It serves customers through a network of distributors, as well as through approximately 500 own shops.

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