Avolta AG – Unsponsored ADR (OTCMKTS:DUFRY) Short Interest Down 77.7% in April

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

Analysts Set New Price Targets

Separately, UBS Group downgraded Avolta from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Avolta Price Performance

DUFRY stock traded down $0.01 on Friday, reaching $5.56. 3,609 shares of the company’s stock were exchanged, compared to its average volume of 62,015. The stock has a fifty day moving average of $5.98 and a 200-day moving average of $5.89. The company has a current ratio of 0.68, a quick ratio of 0.38 and a debt-to-equity ratio of 1.47. Avolta has a twelve month low of $5.00 and a twelve month high of $6.78.

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.