Short Interest in Carrefour SA (OTCMKTS:CRRFY) Grows By 19.8%

Carrefour SA (OTCMKTS:CRRFY - Get Free Report) was the recipient of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 255,300 shares, a growth of 19.8% from the January 31st total of 213,100 shares. Based on an average daily volume of 1,011,300 shares, the short-interest ratio is currently 0.3 days.

Wall Street Analyst Weigh In

CRRFY has been the topic of a number of research analyst reports. Citigroup reiterated a "buy" rating on shares of Carrefour in a report on Tuesday, February 4th. Hsbc Global Res lowered Carrefour from a "strong-buy" rating to a "hold" rating in a research report on Friday, January 31st. Finally, BNP Paribas downgraded Carrefour from a "hold" rating to a "strong sell" rating in a report on Wednesday, January 22nd.

Carrefour Price Performance

Shares of OTCMKTS:CRRFY traded up $0.03 during midday trading on Monday, hitting $2.84. 874,122 shares of the stock were exchanged, compared to its average volume of 895,503. Carrefour has a 52-week low of $2.53 and a 52-week high of $3.75. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.85 and a quick ratio of 0.60. The business's fifty day simple moving average is $2.76 and its two-hundred day simple moving average is $3.03.

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.