Danone S.A. (OTCMKTS:DANOY) Short Interest Down 83.3% in December

Danone S.A. (OTCMKTS:DANOY) saw a large decline in short interest in December. As of December 31st, there was short interest totalling 12,100 shares, a decline of 83.3% from the December 15th total of 72,300 shares. Based on an average daily trading volume, of 1,024,700 shares, the short-interest ratio is presently 0.0 days.

Danone Trading Up 0.1 %

Shares of OTCMKTS:DANOY traded up $0.01 during midday trading on Tuesday, reaching $13.11. The company had a trading volume of 428,409 shares, compared to its average volume of 476,751. The company has a fifty day simple moving average of $13.58 and a two-hundred day simple moving average of $13.65. Danone has a 1-year low of $12.01 and a 1-year high of $14.72.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on DANOY. Jefferies Financial Group lowered Danone from a “hold” rating to an “underperform” rating in a report on Wednesday, January 8th. The Goldman Sachs Group upgraded shares of Danone to a “hold” rating in a report on Tuesday, December 17th. Finally, Sanford C. Bernstein raised shares of Danone from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 9th.

About Danone

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.