Short Interest in Givaudan SA (OTCMKTS:GVDBF) Drops By 8.4%

Givaudan SA (OTCMKTS:GVDBF) was the recipient of a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 66,700 shares, a drop of 8.4% from the March 15th total of 72,800 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 667.0 days.

Givaudan Price Performance

GVDBF stock remained flat at $4,183.23 during mid-day trading on Tuesday. The firm’s fifty day simple moving average is $4,321.96 and its 200 day simple moving average is $3,888.24. Givaudan has a 52 week low of $2,962.53 and a 52 week high of $4,565.00.

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.