Short Interest Coverage: What’s DANONE ADR (OTCMKTS:DANOY) Upside After This Short Interest Increase?

December 1, 2016 - By Nellie Frank   ·   0 Comments

Short Interest Coverage: What's DANONE ADR (OTCMKTS:DANOY) Upside After This Short Interest Increase?

The stock of DANONE ADR (OTCMKTS:DANOY) registered an increase of 256.13% in short interest. DANOY’s total short interest was 75,500 shares in December as published by FINRA. Its up 256.13% from 21,200 shares, reported previously. With 747,000 shares average volume, it will take short sellers 0 days to cover their DANOY’s short positions. The stock decreased 1.56% or $0.2 on November 30, hitting $12.49. About 2.11M shares traded hands or 72.95% up from the average. Danone SA (ADR) (OTCMKTS:DANOY) has declined 11.73% since April 28, 2016 and is downtrending. It has underperformed by 17.66% the S&P500.

Danone SA is engaged in holding directly or indirectly companies, and coordination of the main functions and activities. The company has a market cap of $41.18 billion. The Firm operates through four divisions: Fresh Dairy Products Division, Waters Division, Early Life Nutrition Division and Medical Nutrition Division. It has a 20.68 P/E ratio. The Fresh Dairy Products Division is engaged in the production and distribution of yogurts, fermented dairy products and other fresh dairy specialties.

Danone SA (ADR) (OTCMKTS:DANOY) Ratings Coverage

Out of 4 analysts covering Danone SA (OTCMKTS:DANOY), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. Danone SA has been the topic of 4 analyst reports since September 2, 2015 according to StockzIntelligence Inc. The company was initiated on Monday, October 3 by Bernstein. The stock has “Buy” rating given by Societe Generale on Thursday, November 19. The firm has “Hold” rating by Zacks given on Wednesday, September 2. The firm earned “Buy” rating on Wednesday, January 6 by HSBC.

DANOY Company Profile

Danone SA, incorporated on January 1, 1955, is engaged in holding directly or indirectly companies, and coordination of the main functions and activities. The Firm operates through four divisions: Fresh Dairy Products Division, Waters Division, Early Life Nutrition Division and Medical Nutrition Division.

More notable recent Danone SA (ADR) (OTCMKTS:DANOY) news were published by: Marketwatch.com which released: “Danone SA ADR” on April 23, 2011, also Twst.com with their article: “Long-Term Earnings Growth for Nestle SA (ADR) (OTCMKTS:NSRGY) and Danone SA …” published on May 26, 2016, Benzinga.com published: “WhiteWave Foods Downgraded At Morgan Stanley As Danone Deal Approaches” on August 10, 2016. More interesting news about Danone SA (ADR) (OTCMKTS:DANOY) were released by: Benzinga.com and their article: “Mead Johnson Up Almost 8% After Betaville Reports Of Takeover Interest” published on March 15, 2016 as well as Benzinga.com‘s news article titled: “Argus Downgrades WhiteWave To Sell As Shares Move Close To Danone Buyout Offer …” with publication date: August 24, 2016.

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By Nellie Frank


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