Remy Cointreau (OTCMKTS:REMYY) Short Interest Update

Remy Cointreau (OTCMKTS:REMYY) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 4,050 shares, a decline of 61.7% from the May 31st total of 10,570 shares. Based on an average daily trading volume, of 70,013 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Barclays reissued an “underweight” rating on shares of Remy Cointreau in a research report on Thursday, April 9th. UBS Group upgraded Remy Cointreau from a “sell” rating to a “neutral” rating in a report on Monday, June 8th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Remy Cointreau presently has a consensus rating of “Reduce”.

Remy Cointreau Price Performance

Remy Cointreau stock traded up $0.05 during trading on Monday, hitting $4.94. The stock had a trading volume of 6,175 shares, compared to its average volume of 15,868. Remy Cointreau has a 1 year low of $3.98 and a 1 year high of $7.23. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.16 and a quick ratio of 0.34. The stock’s 50 day moving average is $4.76 and its two-hundred day moving average is $4.61.

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.