Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) Sees Significant Increase in Short Interest

Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) was the target of 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. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 2,852,682 shares, the short-interest ratio is presently 0.0 days.

Compagnie de Saint-Gobain Price Performance

CODYY traded up $0.13 on Thursday, reaching $7.59. The company had a trading volume of 446,889 shares, compared to its average volume of 1,008,708. The stock has a 50-day moving average price of $8.07 and a 200-day moving average price of $14.46. Compagnie de Saint-Gobain has a 1 year low of $7.15 and a 1 year high of $10.85.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Zacks Research raised shares of Compagnie de Saint-Gobain from a “strong sell” rating to a “hold” rating in a research report on Monday, August 31st. Royal Bank Of Canada cut shares of Compagnie de Saint-Gobain from a “moderate buy” rating to a “hold” rating in a research report on Friday, October 9th. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Compagnie de Saint-Gobain has a consensus rating of “Reduce”.

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.