Short Interest in B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) Expands By ∞

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 50 shares, an increase of ∞ from the May 31st total of 0 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 14,277 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Ratings Changes

Several equities analysts have weighed in on BMRRY shares. Citigroup reaffirmed a “neutral” rating on shares of B&M European Value Retail in a report on Thursday, June 11th. Zacks Research cut B&M European Value Retail from a “hold” rating to a “strong sell” rating in a research report on Tuesday. Sanford C. Bernstein initiated coverage on B&M European Value Retail in a research note on Friday, May 15th. They issued an “underperform” rating for the company. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating on shares of B&M European Value Retail in a research report on Wednesday, June 10th. One research analyst has rated the stock with a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Strong Sell”.

B&M European Value Retail Stock Performance

BMRRY stock remained flat at $10.10 during trading on Thursday. The company had a trading volume of 766 shares, compared to its average volume of 4,312. The stock has a 50 day moving average price of $9.67 and a 200-day moving average price of $9.43. The company has a debt-to-equity ratio of 2.78, a current ratio of 1.42 and a quick ratio of 0.48. B&M European Value Retail has a 1-year low of $8.11 and a 1-year high of $15.18.

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.