Short Interest in Givaudan SA (OTCMKTS:GVDNY) Expands By 50.0%

Givaudan SA (OTCMKTS:GVDNY) was the target of a large growth in short interest in February. As of February 15th, there was short interest totalling 600 shares, a growth of 50.0% from the January 31st total of 400 shares. Based on an average daily volume of 57,400 shares, the short-interest ratio is currently 0.0 days.

Givaudan Trading Up 2.5 %

Givaudan stock opened at $92.77 on Wednesday. The company has a quick ratio of 0.94, a current ratio of 1.43 and a debt-to-equity ratio of 0.99. Givaudan has a fifty-two week low of $83.13 and a fifty-two week high of $110.32. The firm’s fifty day moving average price is $87.06 and its 200-day moving average price is $93.61.

Givaudan Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Tuesday, March 25th will be paid a $1.5503 dividend. This is a positive change from Givaudan’s previous dividend of $0.97. The ex-dividend date of this dividend is Tuesday, March 25th.

Wall Street Analyst Weigh In

A number of research firms have weighed in on GVDNY. Berenberg Bank raised Givaudan from a “hold” rating to a “strong-buy” rating in a report on Friday, February 14th. Barclays cut shares of Givaudan from a “hold” rating to a “strong sell” rating in a research note on Friday, November 15th.

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.