Danone S.A. (OTCMKTS:DANOY) Short Interest Up 240.9% in February

Danone S.A. (OTCMKTS:DANOY) was the target of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 37,500 shares, an increase of 240.9% from the February 13th total of 11,000 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 1,260,600 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

DANOY has been the subject of a number of recent analyst reports. The Goldman Sachs Group upgraded Danone to a “hold” rating in a report on Tuesday, December 17th. Jefferies Financial Group cut Danone from a “hold” rating to an “underperform” rating in a research note on Wednesday, January 8th. Royal Bank of Canada lowered Danone from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, February 26th. Finally, Sanford C. Bernstein raised shares of Danone from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 9th.

Danone Stock Performance

DANOY stock opened at $15.54 on Friday. Danone has a 1 year low of $12.01 and a 1 year high of $15.68. The company’s 50-day moving average is $14.07 and its 200-day moving average is $14.01. 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 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.