Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) Short Interest Down 83.0% in August

Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 87,030 shares, a decline of 83.0% from the August 15th total of 511,414 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 1,503,032 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Compagnie de Saint-Gobain from a “strong sell” rating to a “hold” rating in a report on Monday, August 31st. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold”.

Compagnie de Saint-Gobain Price Performance

Shares of Compagnie de Saint-Gobain stock opened at $8.21 on Friday. The company has a current ratio of 1.27, a quick ratio of 0.86 and a debt-to-equity ratio of 0.49. The company has a 50-day moving average of $9.76 and a 200 day moving average of $14.95. Compagnie de Saint-Gobain has a 1 year low of $7.71 and a 1 year high of $11.16.

About Compagnie de Saint-Gobain

Compagnie de Saint-Gobain is a French multinational company that designs, manufactures and distributes solutions for the construction and industrial markets. Its products support building renovation, new construction and infrastructure projects, with a focus on improving energy efficiency, comfort, durability and sustainability.

The company’s activities include glass, insulation, gypsum products, mortars, construction chemicals, ceramics and other high-performance materials. Saint-Gobain also operates distribution businesses that supply building materials, tools and related products to construction professionals and customers in the renovation and home-improvement markets.

Founded in France in 1665, Saint-Gobain has developed into an international group serving customers across Europe, North and South America, Asia and other global markets.