Carrefour SA (OTCMKTS:CRRFY) Short Interest Update

Carrefour SA (OTCMKTS:CRRFY) was the target of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 255,300 shares, a growth of 19.8% from the January 31st total of 213,100 shares. Based on an average daily volume of 1,011,300 shares, the short-interest ratio is currently 0.3 days.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on CRRFY. BNP Paribas lowered Carrefour from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 22nd. Hsbc Global Res lowered Carrefour from a “strong-buy” rating to a “hold” rating in a report on Friday, January 31st. Finally, Citigroup reissued a “buy” rating on shares of Carrefour in a report on Tuesday, February 4th.

Carrefour Stock Up 1.7 %

Carrefour stock opened at $2.71 on Thursday. Carrefour has a 52 week low of $2.53 and a 52 week high of $3.75. The business’s 50-day moving average price is $2.77 and its 200 day moving average price is $3.04. The company has a quick ratio of 0.60, a current ratio of 0.85 and a debt-to-equity ratio of 0.68.

About Carrefour

Carrefour SA engages in the operation of stores that offer food and non-food products in various formats and channels in France, Spain, Italy, Belgium, Poland, Romania, Brazil, and Argentina, as well as in the Middle East, Africa, and Asia. The company operates hypermarkets, supermarkets, convenience stores, club stores, and cash and carry stores; e-commerce sites; and service stations.