Short Interest in Carrefour SA (OTCMKTS:CRRFY) Increases By 52.3%

Carrefour SA (OTCMKTS:CRRFY - Get Free Report) was the target of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 388,900 shares, a growth of 52.3% from the February 13th total of 255,300 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 2,387,100 shares, the days-to-cover ratio is currently 0.2 days.

Carrefour Price Performance

CRRFY stock traded up $0.01 during midday trading on Wednesday, reaching $2.83. The company had a trading volume of 835,157 shares, compared to its average volume of 1,039,646. Carrefour has a 1-year low of $2.53 and a 1-year high of $3.75. The stock has a 50 day moving average price of $2.77 and a 200-day moving average price of $3.01. The company has a quick ratio of 0.60, a current ratio of 0.85 and a debt-to-equity ratio of 0.68.

Analysts Set New Price Targets

Several research firms recently commented on CRRFY. Citigroup restated a "buy" rating on shares of Carrefour in a research note on Tuesday, February 4th. Hsbc Global Res cut shares of Carrefour from a "strong-buy" rating to a "hold" rating in a report on Friday, January 31st. Finally, BNP Paribas downgraded shares of Carrefour from a "hold" rating to a "strong sell" rating in a research report 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.