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

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

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Jefferies Financial Group raised Givaudan from a “moderate sell” rating to a “hold” rating in a research note on Friday, September 12th. Barclays upgraded shares of Givaudan from a “strong sell” rating to a “hold” rating in a 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 company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Givaudan Trading Down 0.4%

GVDNY opened at $82.35 on Friday. Givaudan has a 1 year low of $79.46 and a 1 year high of $103.39. The firm has a 50 day moving average price of $84.72 and a 200 day moving average price of $90.96. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.38 and a quick ratio of 0.85.

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.