Givaudan SA (OTCMKTS:GVDBF) Short Interest Up 11.7% in August

Givaudan SA (OTCMKTS:GVDBF) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 61,100 shares, an increase of 11.7% from the August 15th total of 54,700 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 611.0 days.

Givaudan Price Performance

GVDBF opened at $5,335.00 on Wednesday. Givaudan has a 12 month low of $3,061.00 and a 12 month high of $5,335.00. The firm’s fifty day simple moving average is $4,879.17 and its 200 day simple moving average is $4,615.11.

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.