B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) Sees Large Drop in Short Interest

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 7,328 shares, a decrease of 55.3% from the December 31st total of 16,405 shares. Based on an average daily volume of 20,641 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 20,641 shares, the short-interest ratio is currently 0.4 days.

Analyst Ratings Changes

BMRRY has been the topic of several recent research reports. Zacks Research upgraded shares of B&M European Value Retail from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. Citigroup cut B&M European Value Retail from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 11th. Finally, Deutsche Bank Aktiengesellschaft downgraded B&M European Value Retail from a “buy” rating to a “hold” rating in a report on Wednesday, December 10th. Two analysts have rated the stock with a Strong Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

B&M European Value Retail Stock Performance

B&M European Value Retail stock opened at $9.62 on Friday. B&M European Value Retail has a 52 week low of $8.11 and a 52 week high of $18.47. The company has a quick ratio of 0.27, a current ratio of 1.26 and a debt-to-equity ratio of 3.13. The company has a 50 day moving average price of $8.89 and a 200 day moving average price of $10.74.

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.