Short Interest in Danone S.A. (OTCMKTS:DANOY) Increases By 240.9%

Danone S.A. (OTCMKTS:DANOY) was the recipient of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 37,500 shares, an increase of 240.9% from the February 13th total of 11,000 shares. Based on an average daily volume of 1,260,600 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Danone Stock Performance

OTCMKTS:DANOY traded down $0.05 during trading hours on Friday, reaching $15.27. The company had a trading volume of 716,775 shares, compared to its average volume of 781,722. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.74 and a current ratio of 0.91. The stock has a 50-day moving average of $14.02 and a two-hundred day moving average of $14.00. Danone has a one year low of $12.01 and a one year high of $15.68.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on DANOY. Jefferies Financial Group downgraded shares of Danone from a “hold” rating to an “underperform” rating in a report on Wednesday, January 8th. Royal Bank of Canada cut Danone from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, February 26th. Sanford C. Bernstein upgraded shares of Danone from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 9th. Finally, The Goldman Sachs Group raised shares of Danone to a “hold” rating in a research report on Tuesday, December 17th.

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.