Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) Stock Short Interest Jumps 179.9%

Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 36,960 shares, a growth of 179.9% from the September 30th total of 13,205 shares. Based on an average daily volume of 2,852,682 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on CODYY. Royal Bank Of Canada downgraded Compagnie de Saint-Gobain from a “moderate buy” rating to a “hold” rating in a report on Friday, October 9th. Zacks Research upgraded shares of Compagnie de Saint-Gobain from a “strong sell” rating to a “hold” rating in a report on Monday, August 31st. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce”.

Compagnie de Saint-Gobain Stock Up 1.7%

Compagnie de Saint-Gobain stock traded up $0.13 during midday trading on Thursday, hitting $7.59. The stock had a trading volume of 446,889 shares, compared to its average volume of 1,008,708. The business has a fifty day moving average price of $8.07 and a 200 day moving average price of $14.46. Compagnie de Saint-Gobain has a 12 month low of $7.15 and a 12 month high of $10.85.

Compagnie de Saint-Gobain Company Profile

Compagnie de Saint-Gobain is a France-based company that designs, manufactures and distributes materials and solutions for the construction, renovation and industrial markets. Its portfolio includes insulation, gypsum and plasterboard, mortars, construction chemicals, glass, ceramics, exterior products and other systems intended to improve the performance, comfort and sustainability of buildings.

The company serves residential, commercial and infrastructure customers through manufacturing operations, distribution networks and specialized brands.