Rémy Cointreau SA (OTCMKTS:REMYY) Short Interest Up 167.7% in November

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

Analyst Upgrades and Downgrades

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

Rémy Cointreau Stock Performance

Shares of REMYY stock opened at $5.99 on Thursday. Rémy Cointreau has a 12 month low of $5.54 and a 12 month high of $12.77. The company has a current ratio of 2.50, a quick ratio of 0.40 and a debt-to-equity ratio of 0.28. The business’s 50 day moving average is $6.48 and its two-hundred day moving average is $7.65.

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.