Remy Cointreau (OTCMKTS:REMYY) Short Interest Update

Remy Cointreau (OTCMKTS:REMYY) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 4,050 shares, a decline of 61.7% from the May 31st total of 10,570 shares. Based on an average daily volume of 70,013 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Analyst Ratings Changes

Several research analysts recently commented on REMYY shares. UBS Group upgraded shares of Remy Cointreau from a “sell” rating to a “neutral” rating in a report on Monday, June 8th. Barclays reiterated an “underweight” rating on shares of Remy Cointreau in a research note on Thursday, April 9th. One equities research analyst has rated the stock with 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.com, the stock presently has an average rating of “Reduce”.

Remy Cointreau Price Performance

OTCMKTS REMYY opened at $4.89 on Friday. Remy Cointreau has a one year low of $3.98 and a one year high of $7.23. The company has a 50-day simple moving average of $4.76 and a 200-day simple moving average of $4.61. The company has a quick ratio of 0.39, a current ratio of 3.16 and a debt-to-equity ratio of 0.35.

About Remy Cointreau

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.