Compagnie de Saint-Gobain S.A. (OTCMKTS:CODYY) Sees Significant Drop in Short Interest

Compagnie de Saint-Gobain S.A. (OTCMKTS:CODYY) was the recipient of a large decrease in short interest in January. As of January 15th, there was short interest totalling 52,100 shares, a decrease of 63.0% from the December 31st total of 140,900 shares. Based on an average daily trading volume, of 195,200 shares, the days-to-cover ratio is currently 0.3 days.

Compagnie de Saint-Gobain Stock Performance

Shares of CODYY traded up $0.03 during trading hours on Tuesday, hitting $18.72. 49,920 shares of the company were exchanged, compared to its average volume of 117,772. Compagnie de Saint-Gobain has a fifty-two week low of $13.86 and a fifty-two week high of $19.18. The firm’s fifty day moving average is $18.08 and its 200 day moving average is $17.76.

Analysts Set New Price Targets

Separately, UBS Group lowered Compagnie de Saint-Gobain from a “buy” rating to a “neutral” rating in a report on Thursday, January 16th.

About Compagnie de Saint-Gobain

Compagnie de Saint-Gobain SA designs, manufactures, and distributes materials and solutions for the construction and industrial markets worldwide. It operates through five segments: High Performance Solutions; Northern Europe; Southern Europe Middle East (ME) & Africa; Americas; and Asia-Pacific.