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

Rémy Cointreau SA (OTCMKTS:REMYY - Get Free Report) saw a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 18,800 shares, a drop of 53.5% from the November 30th total of 40,400 shares. Based on an average trading volume of 67,100 shares, the days-to-cover ratio is currently 0.3 days.

Rémy Cointreau Price Performance

Shares of OTCMKTS REMYY traded up $0.06 during midday trading on Friday, hitting $6.05. 12,692 shares of the company traded hands, compared to its average volume of 90,555. Rémy Cointreau has a 12-month low of $5.54 and a 12-month high of $12.73. The stock has a 50-day moving average price of $6.15 and a 200 day moving average price of $7.17. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.50 and a quick ratio of 0.40.

Analyst Upgrades and Downgrades

Separately, BNP Paribas cut shares of Rémy Cointreau from a "strong-buy" rating to a "hold" rating in a 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.