Short Interest in Remy Cointreau (OTCMKTS:REMYY) Rises By 88.3%

Remy Cointreau (OTCMKTS:REMYYGet Free Report) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 7,627 shares, an increase of 88.3% from the June 15th total of 4,050 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 26,246 shares, the days-to-cover ratio is currently 0.3 days.

Remy Cointreau Stock Performance

Shares of REMYY stock opened at $4.92 on Thursday. Remy Cointreau has a fifty-two week low of $3.98 and a fifty-two week high of $7.23. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.34 and a current ratio of 3.16. The stock’s 50-day simple moving average is $4.81 and its 200-day simple moving average is $4.67.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. UBS Group raised shares of Remy Cointreau from a “sell” rating to a “neutral” rating in a research report on Monday, June 8th. Barclays reissued an “underweight” rating on shares of Remy Cointreau in a research report on Thursday, April 9th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

View Our Latest Analysis on REMYY

Remy Cointreau Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Remy Cointreau Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Remy Cointreau and related companies with MarketBeat.com's FREE daily email newsletter.