Avolta AG – Unsponsored ADR (OTCMKTS:DUFRY) Sees Significant Growth in Short Interest

Avolta AG – Unsponsored ADR (OTCMKTS:DUFRY) saw a significant growth in short interest in August. As of August 15th, there was short interest totaling 62,500 shares, agrowthof196.2% from the July 31st total of 21,100 shares. Based on an average trading volume of 719,800 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 719,800 shares, the short-interest ratio is presently 0.1 days.

Avolta Trading Up 0.9%

Avolta stock opened at $5.55 on Friday. Avolta has a twelve month low of $3.57 and a twelve month high of $5.85. The company has a 50 day moving average of $5.48 and a 200-day moving average of $4.99. The company has a current ratio of 0.69, a quick ratio of 0.37 and a debt-to-equity ratio of 1.29.

Analysts Set New Price Targets

Separately, BNP Paribas raised shares of Avolta from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, Avolta presently has a consensus rating of “Strong 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.