Short Interest in Remy Cointreau (OTCMKTS:REMYY) Grows By 64.7%

Remy Cointreau (OTCMKTS:REMYY) was the recipient of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 5,113 shares, a growth of 64.7% from the February 12th total of 3,105 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 25,647 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 25,647 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

Remy Cointreau Stock Performance

Remy Cointreau stock opened at $4.15 on Friday. The company has a current ratio of 2.79, a quick ratio of 0.39 and a debt-to-equity ratio of 0.31. Remy Cointreau has a 12-month low of $4.05 and a 12-month high of $7.23. The business’s 50-day moving average price is $4.77 and its two-hundred day moving average price is $4.95.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reiterated a “sell” rating on shares of Remy Cointreau in a research report on Friday, November 28th. UBS Group cut Remy Cointreau from a “hold” rating to a “sell” rating in a research report on Wednesday, December 3rd. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold”.

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.