Colruyt SA Unsponsored ADR (OTCMKTS:CUYTY) Sees Significant Increase in Short Interest

Colruyt SA Unsponsored ADR (OTCMKTS:CUYTYGet Free Report) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 607 shares, an increase of ? from the June 30th total of 0 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 4,423 shares, the days-to-cover ratio is currently 0.1 days.

Colruyt Stock Performance

Shares of CUYTY opened at $11.07 on Wednesday. Colruyt has a fifty-two week low of $9.34 and a fifty-two week high of $11.07. The business has a 50-day moving average of $10.19 and a 200 day moving average of $9.72. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.87 and a quick ratio of 0.57.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the stock. Sanford C. Bernstein began coverage on shares of Colruyt in a research report on Friday, May 15th. They set a “market perform” rating for the company. Oddo Bhf raised shares of Colruyt to an “outperform” rating in a report on Friday, June 12th. Zacks Research upgraded Colruyt from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 29th. Finally, Royal Bank Of Canada started coverage on Colruyt in a report on Monday, July 6th. They set a “hold” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

View Our Latest Analysis on Colruyt

Colruyt Company Profile

(Get Free Report)

Colruyt Group is a Belgium-based retail and wholesale company known for its range of food and non-food products. Founded in 1928 by Franz Colruyt, the company has developed a reputation for competitive pricing and operational efficiency. It operates a network of branded supermarkets and hypermarkets under the Colruyt name, catering to both household shoppers and business clients.

In addition to its core supermarket operations, Colruyt Group manages several specialized retail formats and services.

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