Avolta AG – Unsponsored ADR (OTCMKTS:DUFRY) Sees Significant Increase in Short Interest

Avolta AG – Unsponsored ADR (OTCMKTS:DUFRY) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 4,622 shares, an increase of 232.0% from the May 31st total of 1,392 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 117,278 shares, the days-to-cover ratio is presently 0.0 days.

Avolta Price Performance

Shares of DUFRY opened at $6.57 on Friday. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.38 and a current ratio of 0.68. The firm’s fifty day simple moving average is $6.00 and its 200-day simple moving average is $6.05. Avolta has a twelve month low of $5.00 and a twelve month high of $6.81.

Wall Street Analyst Weigh In

Separately, UBS Group lowered shares of Avolta from a “buy” rating to a “neutral” rating in a report on Tuesday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy”.

Avolta Company Profile

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.