Rémy Cointreau SA (OTCMKTS:REMYY) Short Interest Up 161.3% in December

Rémy Cointreau SA (OTCMKTS:REMYY) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 19,600 shares, an increase of 161.3% from the December 15th total of 7,500 shares. Based on an average trading volume of 15,900 shares, the days-to-cover ratio is presently 1.2 days.

A number of analysts recently weighed in on the stock. Societe Generale reaffirmed a “sell” rating on shares of Rémy Cointreau in a research note on Monday, November 29th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Rémy Cointreau in a research report on Monday, October 25th. Zacks Investment Research raised shares of Rémy Cointreau from a “hold” rating to a “buy” rating and set a $27.00 price target for the company in a research report on Saturday, January 1st. Barclays reissued an “overweight” rating on shares of Rémy Cointreau in a research report on Friday, November 26th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Rémy Cointreau in a research report on Friday, November 26th. Four analysts have rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $24.22.

Shares of Rémy Cointreau stock opened at $21.38 on Friday. The company has a quick ratio of 0.47, a current ratio of 2.27 and a debt-to-equity ratio of 0.21. The company has a 50 day moving average price of $22.84 and a 200 day moving average price of $21.31. Rémy Cointreau has a 52 week low of $17.11 and a 52 week high of $24.72.

Rémy Cointreau Company Profile

Rémy Cointreau SA engages in the manufacture and sale of cognac, liqueurs, and spirits. Its products include rum, brandy, scotches, and whiskies. It distributes its products under the following brands: Rémy Martin, Mount Gay, Saint Rémy, Metaxa, Cointreau, Passoa, Bruichladdich, Port Charlotte, and Octopus.

Recommended Story: How to find the components of the quick ratio

Receive News & Ratings for Rémy Cointreau Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rémy Cointreau and related companies with MarketBeat.com's FREE daily email newsletter.