Remy Cointreau (OTCMKTS:REMYY) Short Interest Down 99.4% in December

Remy Cointreau (OTCMKTS:REMYY) was the target of a large drop in short interest in December. As of December 31st, there was short interest totaling 94 shares, a drop of 99.4% from the December 15th total of 16,604 shares. Based on an average trading volume of 25,158 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 25,158 shares, the short-interest ratio is currently 0.0 days.

Remy Cointreau Stock Down 0.1%

REMYY stock opened at $4.76 on Wednesday. The business has a 50 day simple moving average of $4.47 and a 200-day simple moving average of $5.35. Remy Cointreau has a twelve month low of $4.05 and a twelve month high of $7.23. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.79 and a quick ratio of 0.39.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on REMYY. UBS Group downgraded Remy Cointreau from a “hold” rating to a “sell” rating in a report on Wednesday, December 3rd. Deutsche Bank Aktiengesellschaft restated a “sell” rating on shares of Remy Cointreau in a report on Friday, November 28th. Finally, The Goldman Sachs Group downgraded shares of Remy Cointreau to a “neutral” rating in a research report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold”.

Remy Cointreau Company Profile

Rémy Cointreau is a French spirits group specializing in the production and distribution of premium and super-premium alcoholic beverages. The company’s core activities center on cognacs, liqueurs, single malt Scotch whiskies and innovative craft spirits. Through its integrated production network and dedicated cellar masters, Rémy Cointreau maintains rigorous quality standards from distillation and aging to bottling and distribution.

The group’s flagship brands include Rémy Martin and Louis XIII cognacs, recognized worldwide for their heritage and craftsmanship, as well as Cointreau, a leading triple-sec liqueur.