Short Interest in Givaudan SA (OTCMKTS:GVDBF) Drops By 9.1%

Givaudan SA (OTCMKTS:GVDBF) was the recipient of a significant decrease in short interest in July. As of July 15th, there was short interest totalling 57,100 shares, a decrease of 9.1% from the June 30th total of 62,800 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 571.0 days.

Givaudan Stock Performance

Shares of GVDBF remained flat at $4,567.00 during trading hours on Tuesday. Givaudan has a 52-week low of $2,962.53 and a 52-week high of $4,800.01. The stock’s 50-day moving average price is $4,681.03 and its 200 day moving average price is $4,400.21.

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.