Short Interest in Crédit Agricole S.A. (OTCMKTS:CRARY) Rises By 99.6%

Crédit Agricole S.A. (OTCMKTS:CRARY) saw a large increase in short interest in June. As of June 30th, there was short interest totalling 91,000 shares, an increase of 99.6% from the June 15th total of 45,600 shares. Based on an average trading volume of 532,400 shares, the days-to-cover ratio is currently 0.2 days.

Crédit Agricole Stock Performance

Shares of Crédit Agricole stock traded up $0.07 on Friday, reaching $7.36. 120,903 shares of the company were exchanged, compared to its average volume of 172,438. The company’s 50-day moving average is $7.67 and its two-hundred day moving average is $7.32. The firm has a market cap of $44.54 billion, a price-to-earnings ratio of 6.69 and a beta of 1.47. The company has a debt-to-equity ratio of 6.02, a quick ratio of 1.59 and a current ratio of 1.59. Crédit Agricole has a 1-year low of $5.82 and a 1-year high of $8.65.

Crédit Agricole (OTCMKTS:CRARY) last issued its quarterly earnings results on Friday, May 3rd. The company reported $0.28 EPS for the quarter. The firm had revenue of $7.39 billion for the quarter. Crédit Agricole had a net margin of 24.79% and a return on equity of 7.52%. As a group, research analysts expect that Crédit Agricole will post 1.1 earnings per share for the current fiscal year.

Crédit Agricole Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, May 28th were paid a dividend of $0.5657 per share. This is a positive change from Crédit Agricole’s previous dividend of $0.43. The ex-dividend date was Friday, May 24th. Crédit Agricole’s dividend payout ratio is 34.86%.

About Crédit Agricole

Crédit Agricole SA provides retail, corporate, insurance, and investment banking products and services in France and internationally. It operates through French Retail Banking Regional Banks; French Retail Banking – LCL; International Retail Banking; Asset Gathering; Large Customers; and Specialised Financial Services segments.