Remy Cointreau (OTCMKTS:REMYY) Sees Large Increase in Short Interest

Remy Cointreau (OTCMKTS:REMYY) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totaling 2,845 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 8,345 shares, the short-interest ratio is currently 0.3 days.

Analyst Ratings Changes

Separately, Sanford C. Bernstein downgraded shares of Remy Cointreau to a “market perform” rating in a research report on Tuesday. Two analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Reduce”.

Remy Cointreau Stock Up 2.5%

Shares of Remy Cointreau stock opened at $5.61 on Friday. The stock’s 50 day simple moving average is $5.12 and its 200-day simple moving average is $4.88. Remy Cointreau has a 1-year low of $3.98 and a 1-year high of $5.82. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.34 and a current ratio of 3.16.

About Remy Cointreau

Rémy Cointreau is a France-based international spirits group that produces, markets and distributes premium and luxury alcoholic beverages. Its portfolio is organized around cognac, liqueurs, rum, whisky, gin, champagne and related spirits, with products sold through a combination of distributors, retailers, hospitality venues and e-commerce channels.

The company’s best-known brands include Rémy Martin and Louis XIII cognacs, Cointreau orange liqueur, Mount Gay rum, The Botanist gin, Bruichladdich and Westland whiskies, Metaxa Greek spirits, St-Rémy brandy and Telmont champagne.