Danone S.A. (OTCMKTS:DANOY) Sees Significant Decline in Short Interest

Danone S.A. (OTCMKTS:DANOY) was the recipient of a significant drop in short interest in October. As of October 31st, there was short interest totalling 597,300 shares, a drop of 29.8% from the October 15th total of 850,300 shares. Based on an average daily trading volume, of 642,300 shares, the short-interest ratio is currently 0.9 days.

Danone Stock Performance

DANOY traded up $0.01 on Friday, reaching $13.73. 638,709 shares of the company’s stock were exchanged, compared to its average volume of 349,586. Danone has a twelve month low of $12.01 and a twelve month high of $14.72. The stock’s fifty day moving average price is $14.29 and its 200-day moving average price is $13.43.

Danone Company Profile

Danone SA operates in the food and beverage industry in Europe, Ukraine, North America, China, North Asia, the Oceania, Latin America, rest of Asia, Africa, Turkey, the Middle East, and the Commonwealth of Independent States. The company operates through Essential Dairy & Plant-Based, Specialized Nutrition, and Waters segments.