Remy Cointreau (OTCMKTS:REMYY) Short Interest Down 99.4% in December

Remy Cointreau (OTCMKTS:REMYY) was the target of a large decline in short interest in December. As of December 31st, there was short interest totaling 94 shares, a decline of 99.4% from the December 15th total of 16,604 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 25,158 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 25,158 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft reissued a “sell” rating on shares of Remy Cointreau in a research report on Friday, November 28th. UBS Group downgraded Remy Cointreau from a “hold” rating to a “sell” rating in a report on Wednesday, December 3rd. Finally, The Goldman Sachs Group cut shares of Remy Cointreau to a “neutral” rating in a report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, Remy Cointreau presently has an average rating of “Hold”.

Remy Cointreau Stock Performance

Shares of REMYY traded up $0.08 during mid-day trading on Monday, reaching $4.77. The company had a trading volume of 13,879 shares, compared to its average volume of 26,637. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.39 and a current ratio of 2.79. The firm has a 50-day moving average price of $4.47 and a 200 day moving average price of $5.35. Remy Cointreau has a 52 week low of $4.05 and a 52 week high of $7.23.

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.