Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) Short Interest Up 223.1% in July

Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 231,458 shares, an increase of 223.1% from the June 30th total of 71,633 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 1,114,911 shares, the short-interest ratio is currently 0.2 days.

Compagnie de Saint-Gobain Trading Up 1.1%

Shares of OTCMKTS:CODYY traded up $0.09 during trading on Friday, reaching $8.42. 704,982 shares of the stock were exchanged, compared to its average volume of 709,750. The company has a quick ratio of 0.86, a current ratio of 1.27 and a debt-to-equity ratio of 0.49. Compagnie de Saint-Gobain has a 12-month low of $7.71 and a 12-month high of $12.11. The firm’s 50-day moving average price is $15.63 and its 200 day moving average price is $17.61.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on CODYY. Royal Bank Of Canada raised shares of Compagnie de Saint-Gobain from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, April 28th. Zacks Research lowered Compagnie de Saint-Gobain from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold”.

About Compagnie de Saint-Gobain

Compagnie de Saint-Gobain (OTCMKTS: CODYY) is a French multinational that develops, manufactures and distributes building materials and high-performance solutions for construction, mobility and industrial markets. Founded in 1665 and headquartered in Courbevoie, France, the company has evolved from its origins in glassmaking into a diversified materials group producing an array of products used across building envelopes, interiors and specialized industrial applications.

Saint-Gobain’s product portfolio includes glass and glazing systems, insulation and gypsum-based solutions, mortars, exterior and interior finishing systems, piping and high-performance ceramics and abrasives.