Short Interest in Rémy Cointreau SA (OTCMKTS:REMYY) Rises By 167.7%

Rémy Cointreau SA (OTCMKTS:REMYY) was the target of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 41,500 shares, a growth of 167.7% from the October 31st total of 15,500 shares. Based on an average daily volume of 121,800 shares, the short-interest ratio is currently 0.3 days.

Analysts Set New Price Targets

Separately, BNP Paribas downgraded Rémy Cointreau from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 10th.

Rémy Cointreau Stock Performance

Shares of Rémy Cointreau stock traded up $0.09 on Friday, hitting $6.08. The stock had a trading volume of 25,889 shares, compared to its average volume of 95,907. Rémy Cointreau has a 52-week low of $5.54 and a 52-week high of $12.77. The company has a quick ratio of 0.40, a current ratio of 2.50 and a debt-to-equity ratio of 0.28. The company’s 50 day moving average price is $6.43 and its 200 day moving average price is $7.60.

Rémy Cointreau Company Profile

Rémy Cointreau SA, together with its subsidiaries, engages in the production, sale, and distribution of liqueurs and spirits. It operates through Rémy Martin, Liqueurs & Spirits, and Partner Brands segments. The company offers cognacs, liqueurs, single malt whiskies, gins, rums, brandies, wines, and champagnes primarily under the Cointreau, Metaxa, St-Rémy, Mount Gay, Bruichladdich, The Botanist, Westland, Le Domaine des Hautes Glaces, Belle de Brillet, Telmont, Port Charlotte, Octomore, Rémy Martin, and LOUIS XIII brands.