Short Interest in Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) Increases By 1,095.8%

Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) was the recipient of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 511,414 shares, an increase of 1,095.8% from the July 30th total of 42,766 shares. Based on an average daily volume of 709,088 shares, the short-interest ratio is presently 0.7 days. Currently, 0.0% of the company’s shares are short sold.

Compagnie de Saint-Gobain Price Performance

Shares of Compagnie de Saint-Gobain stock opened at $9.53 on Thursday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.86 and a current ratio of 1.27. The business has a 50-day moving average of $11.82 and a 200 day moving average of $15.91. Compagnie de Saint-Gobain has a 12 month low of $7.71 and a 12 month high of $11.16.

Analyst Ratings Changes

Separately, Zacks Research cut shares of Compagnie de Saint-Gobain from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 2nd. One investment analyst has rated the stock with a Buy rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce”.

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.