Carrefour SA (OTCMKTS:CRRFY) Short Interest Update

Carrefour SA (OTCMKTS:CRRFY) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 228,848 shares, an increase of 360.9% from the November 30th total of 49,657 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 412,530 shares, the short-interest ratio is presently 0.6 days. Based on an average daily volume of 412,530 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

Several analysts have issued reports on CRRFY shares. Citigroup reissued a “buy” rating on shares of Carrefour in a research note on Thursday, December 11th. DZ Bank raised Carrefour from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 28th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Carrefour has an average rating of “Moderate Buy”.

Carrefour Trading Down 0.3%

Shares of OTCMKTS CRRFY opened at $3.33 on Thursday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.63 and a current ratio of 0.90. The business has a 50-day moving average of $3.12 and a 200-day moving average of $3.02. Carrefour has a fifty-two week low of $2.53 and a fifty-two week high of $3.44.

About Carrefour

Carrefour is a French multinational retail corporation established in 1959 and headquartered in Boulogne-Billancourt, France. As one of the world’s largest retail chains, the company pioneered the hypermarket concept in Europe, combining a supermarket and department store under one roof. Over the decades, Carrefour has expanded its footprint to encompass a variety of store formats, including hypermarkets, supermarkets, cash & carry outlets, convenience stores and e-commerce platforms, catering to a wide range of consumer needs.

Carrefour’s core business activities revolve around food retailing, non-food products and services.