Short Interest in Samsonite International S.A. (OTCMKTS:SMSEY) Rises By 81.4%

Samsonite International S.A. (OTCMKTS:SMSEY - Get Free Report) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totalling 7,800 shares, a growth of 81.4% from the December 31st total of 4,300 shares. Based on an average trading volume of 7,100 shares, the days-to-cover ratio is presently 1.1 days.

Samsonite International Trading Down 0.8 %

Samsonite International stock traded down $0.12 during trading on Friday, hitting $14.56. The company's stock had a trading volume of 4,370 shares, compared to its average volume of 5,001. The stock's fifty day moving average is $13.93 and its 200 day moving average is $12.97. Samsonite International has a 1-year low of $10.68 and a 1-year high of $20.06. The stock has a market capitalization of $4.06 billion, a price-to-earnings ratio of 11.20 and a beta of 0.56. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.07 and a current ratio of 1.61.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group raised Samsonite International to a "strong-buy" rating in a report on Sunday, December 8th.

Samsonite International Company Profile

Samsonite International SA engages in the design, manufacture, sourcing, and distribution of travel luggage bags in North America, Asia, Europe, and Latin America. The company offers luggage, business, computer, outdoor, casual, and women's bags; and travel accessories and slim protective cases for personal electronic devices primarily under the Samsonite, Tumi, American Tourister, Speck, High Sierra, Gregory, Lipault, Kamiliant, Hartmann, and eBags brands, as well as other owned and licensed brand names.