Carrefour SA (OTCMKTS:CRRFY) Stock Short Interest Report for October

Carrefour SA (OTCMKTS:CRRFY) was the target of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 212,724 shares, a decrease of 65.8% from the September 30th total of 621,833 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 547,407 shares, the days-to-cover ratio is currently 0.4 days.

Carrefour Trading Down 0.5%

Carrefour stock traded down $0.01 on Friday, hitting $2.95. 201,906 shares of the stock traded hands, compared to its average volume of 333,189. The business’s fifty day simple moving average is $3.64 and its 200 day simple moving average is $3.68. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.63 and a current ratio of 0.90. Carrefour has a 1 year low of $2.90 and a 1 year high of $4.13.

Analyst Ratings Changes

A number of research firms have issued reports on CRRFY. Royal Bank Of Canada started coverage on Carrefour in a research note on Monday, July 6th. They set a “moderate buy” rating for the company. UBS Group downgraded Carrefour from a “buy” rating to a “hold” rating in a research note on Wednesday, October 21st. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

About Carrefour

Carrefour SA is a France-based multinational food retailer operating hypermarkets, supermarkets, convenience stores, cash-and-carry outlets and e-commerce platforms. The company sells groceries, fresh food, household goods, personal-care products, apparel and other nonfood merchandise through its stores and digital channels.

Founded in 1959, Carrefour opened its first hypermarket in Sainte-Geneviève-des-Bois, France, in 1960. It has since developed a broad retail network supported by company-operated, franchised and partnered stores, as well as private-label brands and customer loyalty services.

Carrefour’s principal markets include France, Spain, Italy, Belgium, Poland, Romania, Brazil and Argentina, with additional international reach through franchise and partnership arrangements.