Givaudan SA (OTCMKTS:GVDNY) Sees Large Increase in Short Interest

Givaudan SA (OTCMKTS:GVDNY) was the recipient of a significant increase in short interest during the month of May. As of May 31st, there was short interest totalling 7,100 shares, an increase of 115.2% from the May 15th total of 3,300 shares. Based on an average trading volume of 23,100 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company’s shares are short sold.

Givaudan Stock Down 1.5%

Shares of GVDNY stock opened at $101.15 on Monday. Givaudan has a 52-week low of $81.37 and a 52-week 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. The firm’s 50 day moving average price is $96.41 and its two-hundred day moving average price is $90.82.

Givaudan Company Profile

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.