Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) Short Interest Up 223.1% in July

Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 231,458 shares, a growth of 223.1% from the June 30th total of 71,633 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 1,114,911 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Ratings Changes

Several equities analysts have weighed in on CODYY shares. Zacks Research downgraded Compagnie de Saint-Gobain from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 2nd. Royal Bank Of Canada raised shares of Compagnie de Saint-Gobain from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Compagnie de Saint-Gobain Price Performance

OTCMKTS:CODYY traded up $0.21 during midday trading on Tuesday, reaching $8.78. The company had a trading volume of 446,673 shares, compared to its average volume of 939,493. Compagnie de Saint-Gobain has a 12-month low of $7.71 and a 12-month high of $11.86. The company has a current ratio of 1.27, a quick ratio of 0.86 and a debt-to-equity ratio of 0.49. The stock’s fifty day simple moving average is $15.45 and its 200-day simple moving average is $17.52.

About Compagnie de Saint-Gobain

Compagnie de Saint-Gobain (OTCMKTS: CODYY) is a French multinational that develops, manufactures and distributes building materials and high-performance solutions for construction, mobility and industrial markets. Founded in 1665 and headquartered in Courbevoie, France, the company has evolved from its origins in glassmaking into a diversified materials group producing an array of products used across building envelopes, interiors and specialized industrial applications.

Saint-Gobain’s product portfolio includes glass and glazing systems, insulation and gypsum-based solutions, mortars, exterior and interior finishing systems, piping and high-performance ceramics and abrasives.