Remy Cointreau (OTCMKTS:REMYY) Short Interest Update

Remy Cointreau (OTCMKTS:REMYY) was the target of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 11,011 shares, an increase of 182.8% from the April 30th total of 3,894 shares. Based on an average trading volume of 15,336 shares, the short-interest ratio is currently 0.7 days. Currently, 0.0% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

Separately, Barclays reiterated an “underweight” rating on shares of Remy Cointreau in a research note on Thursday, April 9th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce”.

Remy Cointreau Stock Performance

Remy Cointreau stock opened at $4.62 on Monday. The stock’s fifty day moving average price is $4.52 and its two-hundred day moving average price is $4.57. Remy Cointreau has a one year low of $3.98 and a one year high of $7.23. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.39 and a current ratio of 2.79.

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.