Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) Shares Shorted: Short Interest Down 49.8% in September

Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 43,713 shares, a decrease of 49.8% from the August 31st total of 87,030 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 2,120,617 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Compagnie de Saint-Gobain from a “strong sell” rating to a “hold” rating in a research report on Monday, August 31st. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold”.

Compagnie de Saint-Gobain Stock Performance

OTCMKTS:CODYY opened at $8.03 on Tuesday. Compagnie de Saint-Gobain has a fifty-two week low of $7.71 and a fifty-two week high of $11.10. 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 business’s 50-day simple moving average is $8.87 and its 200-day simple moving average is $14.02.

Compagnie de Saint-Gobain Company Profile

Compagnie de Saint-Gobain is a French multinational company that designs, manufactures and distributes solutions for the construction and industrial markets. Its products and services support building renovation, new construction and infrastructure projects, with a focus on energy efficiency, resource conservation and occupant comfort.

The company’s portfolio includes glass, insulation, gypsum and plasterboard, mortars, construction chemicals, roofing and interior finishing products. Saint-Gobain also operates building-materials distribution businesses and provides high-performance materials and solutions for industrial applications, including mobility and advanced manufacturing.

Founded in 1665 as a glass manufacturer, Saint-Gobain has developed into an international building-solutions group serving customers across Europe, North and South America, Asia-Pacific and other global markets.