Short Interest in Givaudan SA (OTCMKTS:GVDBF) Declines By 15.9%

Givaudan SA (OTCMKTS:GVDBF) was the target of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 52,000 shares, a drop of 15.9% from the February 13th total of 61,800 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 520.0 days.

Givaudan Price Performance

OTCMKTS GVDBF opened at $4,464.50 on Tuesday. Givaudan has a 12-month low of $3,294.45 and a 12-month high of $5,335.00. The company has a fifty day simple moving average of $4,276.02 and a 200 day simple moving average of $4,630.81.

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.