Jeronimo Martins SGPS SA (OTCMKTS:JRONY) Sees Significant Growth in Short Interest

Jeronimo Martins SGPS SA (OTCMKTS:JRONY) was the target of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 11,453 shares, an increase of 48.6% from the February 12th total of 7,706 shares. Based on an average daily trading volume, of 13,727 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 13,727 shares, the days-to-cover ratio is presently 0.8 days.

Jeronimo Martins SGPS Trading Down 0.1%

OTCMKTS:JRONY opened at $50.95 on Friday. Jeronimo Martins SGPS has a twelve month low of $41.36 and a twelve month high of $54.50. The company has a quick ratio of 0.33, a current ratio of 0.58 and a debt-to-equity ratio of 0.13. The business has a 50 day moving average price of $49.34 and a two-hundred day moving average price of $48.94. The company has a market cap of $16.03 billion, a P/E ratio of 22.54, a price-to-earnings-growth ratio of 1.30 and a beta of 0.90.

Jeronimo Martins SGPS Company Profile

Jeronimo Martins SGPS is a Portugal-based corporate group engaged primarily in food distribution and retail. Through its flagship Pingo Doce banner in Portugal, the company operates a network of full-service supermarkets and convenience outlets offering fresh produce, grocery items, and private-label products. In addition, its cash-and-carry arm, Recheio, supplies wholesale and hospitality professionals with a broad range of food and non-food goods.

Beyond its home market, Jeronimo Martins has established a significant presence in Poland under the discount supermarket brand Biedronka.