Short Interest in B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) Rises By 9,100.0%

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) was the recipient of a large increase in short interest in May. As of May 15th, there was short interest totaling 92 shares, an increase of 9,100.0% from the April 30th total of 1 shares. Based on an average daily trading volume, of 5,623 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

B&M European Value Retail Stock Up 5.2%

Shares of BMRRY stock traded up $0.47 during trading hours on Wednesday, reaching $9.56. The company had a trading volume of 822 shares, compared to its average volume of 5,419. The company has a 50 day moving average of $9.12 and a 200 day moving average of $9.14. 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 has a 1-year low of $8.11 and a 1-year high of $18.47.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein began coverage on B&M European Value Retail in a research note on Friday, May 15th. They issued an “underperform” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, B&M European Value Retail has a consensus rating of “Hold”.

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.