Rémy Cointreau SA (OTCMKTS:REMYY) Short Interest Down 51.3% in March

Rémy Cointreau SA (OTCMKTS:REMYY - Get Free Report) saw a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 5,600 shares, a decrease of 51.3% from the March 15th total of 11,500 shares. Based on an average trading volume of 73,100 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Rémy Cointreau Trading Up 2.7 %

Shares of REMYY stock traded up $0.13 during mid-day trading on Friday, reaching $4.99. 25,263 shares of the company's stock traded hands, compared to its average volume of 90,950. Rémy Cointreau has a 12 month low of $4.40 and a 12 month high of $10.38. The firm has a 50 day moving average price of $4.96 and a two-hundred day moving average price of $5.68.

Wall Street Analyst Weigh In

REMYY has been the topic of several research reports. Berenberg Bank raised Rémy Cointreau to a "strong-buy" rating in a research report on Wednesday, April 2nd. Barclays reissued an "underweight" rating on shares of Rémy Cointreau in a report on Monday, April 14th.

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.