Givaudan SA (OTCMKTS:GVDNY) Sees Large Growth in Short Interest

Givaudan SA (OTCMKTS:GVDNY) saw a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 700 shares, an increase of 16.7% from the February 13th total of 600 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 34,700 shares, the short-interest ratio is currently 0.0 days.

Analyst Ratings Changes

Separately, Berenberg Bank upgraded Givaudan from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 14th.

Givaudan Stock Down 0.3 %

Shares of GVDNY stock opened at $90.26 on Thursday. Givaudan has a 52-week low of $83.36 and a 52-week high of $110.32. The firm’s 50-day moving average is $87.88 and its 200-day moving average is $92.91. 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 Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Tuesday, March 25th will be given a $1.5503 dividend. This is a boost from Givaudan’s previous dividend of $0.97. The ex-dividend date is Tuesday, March 25th.

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.