Rémy Cointreau SA (OTCMKTS:REMYF) Sees Significant Growth in Short Interest

Rémy Cointreau SA (OTCMKTS:REMYF) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totalling 40,900 shares, an increase of 25.5% from the June 30th total of 32,600 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is presently 136.3 days.

Rémy Cointreau Stock Performance

Shares of REMYF stock opened at $78.81 on Friday. The firm’s 50-day simple moving average is $87.27 and its 200-day simple moving average is $96.41. Rémy Cointreau has a 1-year low of $78.81 and a 1-year high of $173.78.

About Rémy Cointreau

Rémy Cointreau SA, together with its subsidiaries, engages in the production, sale, and distribution of liqueurs and spirits. The company operates through Rémy Martin, Liqueurs & Spirits, and Partner Brands segments. It offers liqueurs, brandy, gin, single malt whisky, rum, wine, and champagne primarily under the Cointreau, Metaxa, St-Rémy, Mount Gay, Bruichladdich, Port Charlotte, Octomore, The Botanist, Westland, LOUIS XIII, and Domaine des Hautes Glaces brands.