Avolta AG – Unsponsored ADR (OTCMKTS:DUFRY) Sees Large Decline in Short Interest

Avolta AG – Unsponsored ADR (OTCMKTS:DUFRY) saw a significant decrease in short interest in April. As of April 30th, there was short interest totaling 35,360 shares, a decrease of 77.7% from the April 15th total of 158,919 shares. Based on an average daily volume of 133,695 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

Avolta Trading Down 1.0%

DUFRY stock traded down $0.06 during trading hours on Wednesday, hitting $5.58. 25,951 shares of the stock traded hands, compared to its average volume of 60,948. The stock has a 50-day simple moving average of $5.99 and a 200 day simple moving average of $5.89. Avolta has a one year low of $5.00 and a one year high of $6.78. The company has a current ratio of 0.68, a quick ratio of 0.38 and a debt-to-equity ratio of 1.47.

Analyst Upgrades and Downgrades

Separately, UBS Group cut Avolta from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to MarketBeat, Avolta presently has an average rating of “Buy”.

About Avolta

Avolta AG operates as a travel retailer. The company’s retail brands include general travel retail shops under the Dufry, World Duty Free, Nuance, Hellenic Duty Free, Zurich Duty-Free or Stockholm Duty-Free, Autogrill, and HMSHost brands; Dufry shopping stores; brand boutiques; convenience stores primarily under the Hudson brand; and specialized shops and theme stores. It offers perfumes and cosmetics, food and confectionery, wines and spirits, watches and jewelry, fashion and leather, tobacco goods, souvenirs, electronics, soft drinks, packaged food, travel accessories, personal items, sunglasses, destination, and other products, as well as newspapers, magazines, and books.