Rémy Cointreau SA (OTCMKTS:REMYY) Sees Significant Increase in Short Interest

Rémy Cointreau SA (OTCMKTS:REMYY - Get Free Report) was the recipient of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 41,500 shares, a growth of 167.7% from the October 31st total of 15,500 shares. Based on an average daily volume of 121,800 shares, the short-interest ratio is currently 0.3 days.

Rémy Cointreau Stock Down 0.8 %

Shares of Rémy Cointreau stock traded down $0.05 during trading on Thursday, reaching $5.99. The company's stock had a trading volume of 26,201 shares, compared to its average volume of 96,212. Rémy Cointreau has a one year low of $5.54 and a one year high of $12.77. The stock has a 50-day moving average price of $6.47 and a two-hundred day moving average price of $7.64. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.40 and a current ratio of 2.50.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas lowered Rémy Cointreau from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, September 10th.

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.