Danone S.A. (OTCMKTS:DANOY) Sees Significant Increase in Short Interest

Danone S.A. (OTCMKTS:DANOY) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 174,200 shares, an increase of 22.0% from the May 31st total of 142,800 shares. Based on an average daily volume of 358,400 shares, the short-interest ratio is presently 0.5 days.

Danone Stock Performance

Shares of OTCMKTS:DANOY traded down $0.04 during midday trading on Friday, hitting $12.26. 238,438 shares of the stock were exchanged, compared to its average volume of 210,325. The business’s 50-day moving average price is $12.74 and its 200 day moving average price is $12.90. Danone has a 12 month low of $10.69 and a 12 month high of $13.48.

Danone Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, May 29th. Investors of record on Thursday, May 2nd were issued a $0.4549 dividend. The ex-dividend date of this dividend was Wednesday, May 1st. This is a boost from Danone’s previous dividend of $0.34.

Danone Company Profile

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.