Remy Cointreau (OTCMKTS:REMYY) Short Interest Down 48.8% in July

Remy Cointreau (OTCMKTS:REMYY) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 3,907 shares, a decrease of 48.8% from the June 30th total of 7,627 shares. Based on an average trading volume of 2,774 shares, the short-interest ratio is presently 1.4 days. Currently, 0.0% of the company’s stock are sold short.

Remy Cointreau Stock Down 2.5%

OTCMKTS REMYY opened at $5.52 on Friday. The firm’s 50 day moving average is $4.93 and its 200-day moving average is $4.74. The company has a current ratio of 3.16, a quick ratio of 0.34 and a debt-to-equity ratio of 0.35. Remy Cointreau has a 12-month low of $3.98 and a 12-month high of $6.60.

Analyst Ratings Changes

Several equities research analysts recently commented 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 reiterated an “underweight” rating on shares of Remy Cointreau in a report on Thursday, April 9th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Reduce”.

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.