Rémy Cointreau SA (OTCMKTS:REMYY) Short Interest Update

Rémy Cointreau SA (OTCMKTS:REMYY) was the target of a significant increase in short interest in October. As of October 31st, there was short interest totalling 15,500 shares, an increase of 138.5% from the October 15th total of 6,500 shares. Based on an average daily volume of 94,200 shares, the days-to-cover ratio is presently 0.2 days.

Rémy Cointreau Stock Down 2.7 %

REMYY traded down $0.16 on Wednesday, hitting $5.76. The company had a trading volume of 62,296 shares, compared to its average volume of 51,435. Rémy Cointreau has a 12-month low of $5.69 and a 12-month high of $12.77. The business’s fifty day simple moving average is $6.74 and its 200 day simple moving average is $7.94. The company has a current ratio of 2.50, a quick ratio of 0.40 and a debt-to-equity ratio of 0.28.

Wall Street Analyst Weigh In

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

About Rémy Cointreau

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.