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

Givaudan SA (OTCMKTS:GVDNY) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 800 shares, an increase of 700.0% from the May 31st total of 100 shares. Based on an average daily trading volume, of 30,900 shares, the days-to-cover ratio is currently 0.0 days.

Givaudan Stock Performance

Shares of Givaudan stock opened at $94.71 on Friday. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.14 and a current ratio of 1.75. Givaudan has a twelve month low of $61.39 and a twelve month high of $97.99. The business has a 50-day moving average price of $92.52 and a 200 day moving average price of $87.08.

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.