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

Carrefour SA (OTCMKTS:CRRFY - Get Free Report) was the target of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 316,400 shares, a decrease of 18.6% from the February 28th total of 388,900 shares. Based on an average daily trading volume, of 2,812,700 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on CRRFY shares. BNP Paribas cut shares of Carrefour from a "hold" rating to a "strong sell" rating in a research report on Wednesday, January 22nd. Hsbc Global Res downgraded shares of Carrefour from a "strong-buy" rating to a "hold" rating in a research report on Friday, January 31st. Finally, Citigroup reissued a "buy" rating on shares of Carrefour in a report on Tuesday, February 4th.

Carrefour Price Performance

Shares of OTCMKTS:CRRFY traded down $0.10 during mid-day trading on Friday, hitting $2.87. The company had a trading volume of 187,564 shares, compared to its average volume of 901,789. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.60 and a current ratio of 0.85. Carrefour has a one year low of $2.53 and a one year high of $3.75. The firm has a fifty day moving average price of $2.78 and a 200 day moving average price of $2.97.

Carrefour Company Profile

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.