Carrefour SA (OTCMKTS:CRRFY) Sees Large Growth in Short Interest

Carrefour SA (OTCMKTS:CRRFY) was the recipient of a large increase in short interest in February. As of February 28th, there was short interest totalling 388,900 shares, an increase of 52.3% from the February 13th total of 255,300 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 2,387,100 shares, the short-interest ratio is presently 0.2 days.

Carrefour Stock Up 3.3 %

CRRFY stock opened at $2.84 on Friday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.60 and a current ratio of 0.85. The business has a 50 day simple moving average of $2.77 and a 200-day simple moving average of $3.02. Carrefour has a 1 year low of $2.53 and a 1 year high of $3.75.

Wall Street Analyst Weigh In

CRRFY has been the subject of several recent analyst reports. Hsbc Global Res lowered Carrefour from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 31st. Citigroup reiterated a “buy” rating on shares of Carrefour in a research note on Tuesday, February 4th. Finally, BNP Paribas lowered Carrefour from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 22nd.

About Carrefour

Carrefour SA engages in the operation of stores that offer food and non-food products in various formats and channels in France, Spain, Italy, Belgium, Poland, Romania, Brazil, and Argentina, as well as in the Middle East, Africa, and Asia. The company operates hypermarkets, supermarkets, convenience stores, club stores, and cash and carry stores; e-commerce sites; and service stations.