Danone S.A. (OTCMKTS:DANOY) Sees Significant Drop in Short Interest

Danone S.A. (OTCMKTS:DANOY) saw a significant decline in short interest in January. As of January 31st, there was short interest totalling 49,800 shares, a decline of 38.4% from the January 15th total of 80,900 shares. Based on an average daily trading volume, of 1,711,400 shares, the short-interest ratio is presently 0.0 days.

Danone Stock Performance

OTCMKTS DANOY traded up $0.08 on Friday, hitting $14.02. The stock had a trading volume of 264,699 shares, compared to its average volume of 696,415. The business’s fifty day moving average price is $13.53 and its 200 day moving average price is $13.81. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.91 and a quick ratio of 0.74. Danone has a 52-week low of $12.01 and a 52-week high of $14.72.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on DANOY shares. Jefferies Financial Group downgraded shares of Danone from a “hold” rating to an “underperform” rating in a research note on Wednesday, January 8th. Sanford C. Bernstein raised shares of Danone from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 9th. Finally, The Goldman Sachs Group raised shares of Danone to a “hold” rating in a research note on Tuesday, December 17th.

Danone Company Profile

Danone SA operates in the food and beverage industry in Europe, Ukraine, North America, China, North Asia, the Oceania, Latin America, rest of Asia, Africa, Turkey, the Middle East, and the Commonwealth of Independent States. The company operates through Essential Dairy & Plant-Based, Specialized Nutrition, and Waters segments.