Rémy Cointreau SA (OTCMKTS:REMYY) Short Interest Up 138.5% in October

Rémy Cointreau SA (OTCMKTS:REMYY) was the target of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 15,500 shares, an increase of 138.5% from the October 15th total of 6,500 shares. Based on an average trading volume of 94,200 shares, the short-interest ratio is presently 0.2 days.

Rémy Cointreau Price Performance

Shares of Rémy Cointreau stock traded down $0.16 on Wednesday, hitting $5.76. 62,296 shares of the company traded hands, compared to its average volume of 51,435. Rémy Cointreau has a 12-month low of $5.69 and a 12-month high of $12.77. The company has a current ratio of 2.50, a quick ratio of 0.40 and a debt-to-equity ratio of 0.28. The company has a 50-day moving average price of $6.74 and a 200 day moving average price of $7.94.

Analyst Ratings Changes

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.