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

Givaudan SA (OTCMKTS:GVDBF) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totalling 64,600 shares, a growth of 10.4% from the May 31st total of 58,500 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 646.0 days.

Givaudan Stock Performance

GVDBF stock opened at $4,800.00 on Thursday. The company’s 50-day simple moving average is $4,529.77 and its 200 day simple moving average is $4,306.67. Givaudan has a 52 week low of $2,962.53 and a 52 week high of $4,800.00.

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.