Short Interest in Danone S.A. (OTCMKTS:DANOY) Declines By 83.3%

Danone S.A. (OTCMKTS:DANOY) saw a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 12,100 shares, a drop of 83.3% from the December 31st total of 72,300 shares. Based on an average daily volume of 1,024,700 shares, the short-interest ratio is currently 0.0 days.

Analyst Ratings Changes

A number of research firms recently issued reports on DANOY. Jefferies Financial Group lowered Danone from a “hold” rating to an “underperform” rating in a report on Wednesday, January 8th. Sanford C. Bernstein raised Danone from a “strong sell” rating to a “hold” rating in a report on Thursday, January 9th. Finally, The Goldman Sachs Group raised Danone to a “hold” rating in a report on Tuesday, December 17th.

Danone Stock Up 0.2 %

OTCMKTS DANOY traded up $0.03 during trading hours on Wednesday, hitting $14.00. 533,082 shares of the stock were exchanged, compared to its average volume of 432,760. The company has a current ratio of 0.91, a quick ratio of 0.74 and a debt-to-equity ratio of 0.60. Danone has a 12-month low of $12.01 and a 12-month high of $14.72. The stock has a 50-day moving average of $13.48 and a 200 day moving average of $13.72.

About Danone

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.