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

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

Givaudan Stock Performance

Shares of Givaudan stock 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 business’s 50 day moving average is $4,879.17 and its 200-day moving average is $4,615.11.

Givaudan Company Profile

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.