Short Interest in Avolta AG – Unsponsored ADR (OTCMKTS:DUFRY) Drops By 97.9%

Avolta AG – Unsponsored ADR (OTCMKTS:DUFRY) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 520 shares, a drop of 97.9% from the July 15th total of 25,050 shares. Based on an average daily trading volume, of 108,469 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

Separately, UBS Group downgraded Avolta from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 28th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Avolta has a consensus rating of “Hold”.

Avolta Stock Performance

Shares of DUFRY stock traded down $0.10 during mid-day trading on Tuesday, hitting $5.95. The stock had a trading volume of 11,984 shares, compared to its average volume of 51,848. Avolta has a fifty-two week low of $5.12 and a fifty-two week high of $6.81. The company has a quick ratio of 0.38, a current ratio of 0.68 and a debt-to-equity ratio of 1.47. The company’s 50-day simple moving average is $6.19 and its 200-day simple moving average is $6.11.

Avolta Company Profile

Avolta AG operates as a travel retailer. The company’s retail brands include general travel retail shops under the Dufry, World Duty Free, Nuance, Hellenic Duty Free, Zurich Duty-Free or Stockholm Duty-Free, Autogrill, and HMSHost brands; Dufry shopping stores; brand boutiques; convenience stores primarily under the Hudson brand; and specialized shops and theme stores. It offers perfumes and cosmetics, food and confectionery, wines and spirits, watches and jewelry, fashion and leather, tobacco goods, souvenirs, electronics, soft drinks, packaged food, travel accessories, personal items, sunglasses, destination, and other products, as well as newspapers, magazines, and books.