B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) Short Interest Up 34.5% in January

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) was the target of a significant growth in short interest in January. As of January 30th, there was short interest totaling 9,856 shares, a growth of 34.5% from the January 15th total of 7,328 shares. Based on an average daily trading volume, of 50,315 shares, the days-to-cover ratio is currently 0.2 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 daily trading volume, of 50,315 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analyst Weigh In

A number of research firms recently commented on BMRRY. Zacks Research upgraded B&M European Value Retail from a “strong sell” rating to a “hold” rating in a report on Monday, January 12th. Citigroup lowered B&M European Value Retail from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 11th. Finally, Deutsche Bank Aktiengesellschaft cut B&M European Value Retail from a “buy” rating to a “hold” rating in a research note on Wednesday, December 10th. Two analysts have rated the stock with a Strong Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

B&M European Value Retail Price Performance

OTCMKTS BMRRY opened at $9.83 on Tuesday. The business has a fifty day moving average price of $9.08 and a two-hundred day moving average price of $10.50. B&M European Value Retail has a fifty-two week low of $8.11 and a fifty-two week high of $18.47. The company has a debt-to-equity ratio of 3.13, a quick ratio of 0.27 and a current ratio of 1.26.

B&M European Value Retail Company Profile

B&M European Value Retail is a leading discount variety retailer operating primarily in the United Kingdom and France. The company’s stores offer a broad assortment of value-focused merchandise, including groceries, health and beauty products, toys, seasonal items, homewares, DIY and gardening supplies, and pet care. By sourcing products directly from manufacturers and maintaining a lean cost structure, B&M aims to deliver everyday low prices to its customers.

Headquartered in Liverpool, England, B&M traces its origins back to the late 1970s and has grown through a combination of organic expansion and strategic acquisitions.