Remy Cointreau (OTCMKTS:REMYY) Short Interest Up 182.8% in May

Remy Cointreau (OTCMKTS:REMYY) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 11,011 shares, a growth of 182.8% from the April 30th total of 3,894 shares. Based on an average daily volume of 15,336 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.0% of the company’s stock are sold short.

Analyst Upgrades and Downgrades

Separately, Barclays restated an “underweight” rating on shares of Remy Cointreau in a report on Thursday, April 9th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Reduce”.

Remy Cointreau Price Performance

OTCMKTS:REMYY remained flat at $4.62 during midday trading on Friday. 4 shares of the company traded hands, compared to its average volume of 10,714. The stock has a fifty day moving average of $4.52 and a two-hundred day moving average of $4.57. Remy Cointreau has a 12-month low of $3.98 and a 12-month high of $7.23. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.79 and a quick ratio of 0.39.

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.