Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) Shares Shorted: Short Interest Down 69.8% in September

Compagnie de Saint-Gobain – Unsponsored ADR (OTCMKTS:CODYY) was the target of a large drop in short interest in September. As of September 30th, there was short interest totaling 13,205 shares, a drop of 69.8% from the September 15th total of 43,713 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 2,241,563 shares, the days-to-cover ratio is presently 0.0 days.

Compagnie de Saint-Gobain Price Performance

Shares of OTCMKTS:CODYY opened at $7.19 on Tuesday. The business’s 50 day simple moving average is $8.60 and its 200-day simple moving average is $13.39. Compagnie de Saint-Gobain has a 12 month low of $7.15 and a 12 month high of $10.85.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Compagnie de Saint-Gobain from a “strong sell” rating to a “hold” rating in a research note on Monday, August 31st. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Compagnie de Saint-Gobain currently has an average rating of “Hold”.

About Compagnie de Saint-Gobain

Compagnie de Saint-Gobain is a French multinational company that designs, manufactures and distributes solutions for the construction and industrial markets. Its products and services support building renovation, new construction and infrastructure projects, with a focus on energy efficiency, resource conservation and occupant comfort.

The company’s portfolio includes glass, insulation, gypsum and plasterboard, mortars, construction chemicals, roofing and interior finishing products. Saint-Gobain also operates building-materials distribution businesses and provides high-performance materials and solutions for industrial applications, including mobility and advanced manufacturing.

Founded in 1665 as a glass manufacturer, Saint-Gobain has developed into an international building-solutions group serving customers across Europe, North and South America, Asia-Pacific and other global markets.