Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) Shares Shorted: Short Interest Up 345.4% in October

Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) was the recipient of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 164,606 shares, an increase of 345.4% from the October 15th total of 36,960 shares. Based on an average daily volume of 2,935,141 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Analyst Ratings Changes

Several research analysts recently weighed in on CODYY shares. Royal Bank Of Canada cut Compagnie de Saint-Gobain from a “moderate buy” rating to a “hold” rating in a research report on Friday, October 9th. Zacks Research raised Compagnie de Saint-Gobain from a “strong sell” rating to a “hold” rating in a report on Monday, August 31st. Two research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Compagnie de Saint-Gobain currently has a consensus rating of “Reduce”.

Compagnie de Saint-Gobain Stock Down 0.5%

CODYY opened at $8.35 on Friday. Compagnie de Saint-Gobain has a 52-week low of $7.15 and a 52-week high of $10.85. The firm’s fifty day simple moving average is $7.83 and its two-hundred day simple moving average is $13.83.

About Compagnie de Saint-Gobain

Compagnie de Saint-Gobain is a French multinational that designs, manufactures and distributes materials and solutions for construction and other industrial markets. Its products support building renovation and new construction, with a focus on energy efficiency, comfort and sustainability. The company’s offerings include insulation, gypsum products, construction chemicals and mortars, glass, and building materials distribution. Saint-Gobain serves customers in markets around the world, including Europe, the Americas and Asia-Pacific.