Danone S.A. (OTCMKTS:DANOY) Sees Significant Drop in Short Interest

Danone S.A. (OTCMKTS:DANOY) was the target of a significant decline in short interest in February. As of February 15th, there was short interest totalling 11,000 shares, a decline of 77.9% from the January 31st total of 49,800 shares. Based on an average daily volume of 720,500 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Sanford C. Bernstein raised shares of Danone from a “strong sell” rating to a “hold” rating in a report on Thursday, January 9th. The Goldman Sachs Group raised Danone to a “hold” rating in a research report on Tuesday, December 17th. Finally, Jefferies Financial Group downgraded Danone from a “hold” rating to an “underperform” rating in a report on Wednesday, January 8th.

Danone Stock Down 0.8 %

Shares of DANOY stock opened at $14.19 on Friday. The firm has a fifty day moving average of $13.66 and a two-hundred day moving average of $13.87. Danone has a 1-year low of $12.01 and a 1-year high of $14.72. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.91 and a quick ratio of 0.74.

About Danone

Danone SA operates in the food and beverage industry in Europe, Ukraine, North America, China, North Asia, the Oceania, Latin America, rest of Asia, Africa, Turkey, the Middle East, and the Commonwealth of Independent States. The company operates through Essential Dairy & Plant-Based, Specialized Nutrition, and Waters segments.