Danone (OTCMKTS:DANOY) Stock Short Interest Report for September

Danone (OTCMKTS:DANOY) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 47,347 shares, an increase of 298.9% from the September 15th total of 11,869 shares. Based on an average daily trading volume, of 1,361,412 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on DANOY shares. Deutsche Bank Aktiengesellschaft upgraded Danone from a “sell” rating to a “hold” rating in a research report on Tuesday, September 22nd. Morgan Stanley reaffirmed an “overweight” rating on shares of Danone in a research note on Thursday, July 30th. Finally, Jefferies Financial Group cut Danone from a “buy” rating to an “underperform” rating in a research report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Danone Trading Up 0.5%

Shares of OTCMKTS DANOY opened at $13.21 on Tuesday. The firm has a 50-day simple moving average of $14.48 and a 200-day simple moving average of $15.21. Danone has a 52 week low of $12.83 and a 52 week high of $18.63.

Danone Company Profile

Danone is a global food and beverage company headquartered in Paris, France. Its portfolio focuses on health-oriented products across three principal categories: Essential Dairy and Plant-Based products, Waters, and Specialized Nutrition.

The company offers yogurt, fermented dairy products, plant-based beverages and foods, bottled water, infant formula, medical nutrition products, and specialized nutrition products for adults. Its brands include Activia, Actimel, Alpro, evian, Volvic, Oikos, and Aptamil, although product availability varies by market.

Danone traces its origins to 1919, when Isaac Carasso began producing yogurt in Barcelona.