Givaudan SA (OTCMKTS:GVDNY) Short Interest Up 60.7% in October

Givaudan SA (OTCMKTS:GVDNY) saw a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 9,000 shares, a growth of 60.7% from the September 30th total of 5,600 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 77,200 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 77,200 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Givaudan Stock Down 1.9%

OTCMKTS:GVDNY opened at $80.76 on Tuesday. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.38 and a quick ratio of 0.85. The business has a fifty day simple moving average of $84.65 and a two-hundred day simple moving average of $90.87. Givaudan has a 1 year low of $79.46 and a 1 year high of $103.39.

Analyst Ratings Changes

A number of analysts recently commented on the company. Jefferies Financial Group raised Givaudan from a “moderate sell” rating to a “hold” rating in a research report on Friday, September 12th. Barclays raised Givaudan from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 8th. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

About Givaudan

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.