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

Avolta AG – Unsponsored ADR (OTCMKTS:DUFRY) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 25,050 shares, a growth of 200.0% from the June 30th total of 8,350 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 73,057 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Upgrades and Downgrades

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

Avolta Price Performance

OTCMKTS DUFRY traded up $0.17 during trading hours on Tuesday, reaching $5.99. 32,306 shares of the company’s stock were exchanged, compared to its average volume of 58,863. The firm has a fifty day moving average of $6.16 and a 200-day moving average of $6.10. Avolta has a one year low of $5.00 and a one year high of $6.81. The company has a quick ratio of 0.38, a current ratio of 0.68 and a debt-to-equity ratio of 1.47.

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.