Short Interest in Remy Cointreau (OTCMKTS:REMYY) Rises By 11,011.7%

Remy Cointreau (OTCMKTS:REMYY) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 10,445 shares, a growth of 11,011.7% from the December 31st total of 94 shares. Based on an average daily volume of 39,745 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 39,745 shares, the days-to-cover ratio is currently 0.3 days.

Remy Cointreau Stock Performance

Shares of REMYY stock traded down $0.10 during trading hours on Tuesday, reaching $4.60. The company had a trading volume of 19,943 shares, compared to its average volume of 16,089. The business has a fifty day moving average price of $4.43 and a 200-day moving average price of $5.27. Remy Cointreau has a one year low of $4.05 and a one year high of $7.23. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.39 and a current ratio of 2.79.

Analyst Ratings Changes

Several brokerages have issued reports on REMYY. UBS Group cut shares of Remy Cointreau from a “hold” rating to a “sell” rating in a report on Wednesday, December 3rd. Deutsche Bank Aktiengesellschaft restated a “sell” rating on shares of Remy Cointreau in a report on Friday, November 28th. Finally, The Goldman Sachs Group downgraded Remy Cointreau to a “neutral” rating in a research note on Friday, October 31st. One 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 issued a Sell rating to the company. Based on data from MarketBeat.com, Remy Cointreau currently has a consensus 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.