Givaudan SA (OTCMKTS:GVDNY) Short Interest Update

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

Givaudan Price Performance

Shares of OTCMKTS:GVDNY traded up $0.35 during mid-day trading on Wednesday, reaching $90.53. 150,457 shares of the stock were exchanged, compared to its average volume of 31,423. Givaudan has a one year low of $83.36 and a one year high of $110.32. The company has a quick ratio of 0.94, a current ratio of 1.43 and a debt-to-equity ratio of 0.99. The stock’s 50 day simple moving average is $87.78 and its 200-day simple moving average is $92.93.

Givaudan Increases Dividend

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

Analysts Set New Price Targets

Separately, Berenberg Bank raised shares of Givaudan from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 14th.

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.