B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) Short Interest Up ? in June

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) saw a significant 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. Based on an average daily trading volume, of 14,277 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Wall Street Analysts Forecast Growth

BMRRY has been the subject of several analyst reports. Citigroup reissued a “neutral” rating on shares of B&M European Value Retail in a research report on Thursday, June 11th. Sanford C. Bernstein began coverage on shares of B&M European Value Retail in a research note on Friday, May 15th. They set an “underperform” rating for the company. Finally, Deutsche Bank Aktiengesellschaft reiterated a “sell” rating on shares of B&M European Value Retail in a report on Wednesday, June 10th. Two analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce”.

B&M European Value Retail Trading Down 1.6%

Shares of B&M European Value Retail stock opened at $10.65 on Tuesday. The business has a 50 day moving average of $9.65 and a 200 day moving average of $9.41. B&M European Value Retail has a 52 week low of $8.11 and a 52 week high of $15.79. The company has a debt-to-equity ratio of 2.78, a quick ratio of 0.48 and a current ratio of 1.42.

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.