Short Interest in Givaudan SA (OTCMKTS:GVDBF) Grows By 13.3%

Givaudan SA (OTCMKTS:GVDBF) was the target of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 61,400 shares, an increase of 13.3% from the January 15th total of 54,200 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 614.0 days.

Givaudan Stock Performance

Shares of OTCMKTS GVDBF traded up $376.45 during midday trading on Monday, hitting $4,480.00. 4 shares of the company’s stock were exchanged, compared to its average volume of 93. The stock’s 50 day moving average price is $4,297.24 and its 200-day moving average price is $4,712.61. Givaudan has a twelve month low of $3,294.45 and a twelve month high of $5,335.00.

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.