Crédit Agricole S.A. (OTCMKTS:CRARY) Sees Significant Decrease in Short Interest

Crédit Agricole S.A. (OTCMKTS:CRARY) saw a significant decline in short interest during the month of June. As of June 15th, there was short interest totalling 45,600 shares, a decline of 64.1% from the May 31st total of 127,000 shares. Based on an average trading volume of 331,800 shares, the short-interest ratio is presently 0.1 days.

Crédit Agricole Trading Down 1.2 %

CRARY traded down $0.08 during trading on Friday, reaching $6.79. 226,228 shares of the company’s stock were exchanged, compared to its average volume of 203,272. The company’s fifty day moving average price is $7.77 and its 200-day moving average price is $7.31. The firm has a market capitalization of $41.09 billion, a PE ratio of 6.61 and a beta of 1.48. Crédit Agricole has a fifty-two week low of $5.61 and a fifty-two week high of $8.65. The company has a debt-to-equity ratio of 6.02, a quick ratio of 1.59 and a current ratio of 1.59.

Crédit Agricole (OTCMKTS:CRARY) last posted its quarterly earnings data on Friday, May 3rd. The company reported $0.28 earnings per share for the quarter. The firm had revenue of $7.39 billion for the quarter. Crédit Agricole had a return on equity of 7.52% and a net margin of 24.79%. As a group, equities analysts forecast that Crédit Agricole will post 1.1 EPS for the current year.

Crédit Agricole Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, May 28th were issued a dividend of $0.5657 per share. This is an increase from Crédit Agricole’s previous dividend of $0.43. The ex-dividend date of this dividend was Friday, May 24th. Crédit Agricole’s payout ratio is currently 34.86%.

About Crédit Agricole

Crédit Agricole SA provides retail, corporate, insurance, and investment banking products and services in France and internationally. It operates through French Retail Banking Regional Banks; French Retail Banking – LCL; International Retail Banking; Asset Gathering; Large Customers; and Specialised Financial Services segments.