Remy Cointreau (OTCMKTS:REMYY) Short Interest Update

Remy Cointreau (OTCMKTS:REMYY) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 16,272 shares, an increase of 316.5% from the July 15th total of 3,907 shares. Based on an average daily volume of 14,914 shares, the short-interest ratio is presently 1.1 days. Currently, 0.0% of the company’s stock are short sold.

Remy Cointreau Stock Up 3.2%

REMYY stock opened at $5.45 on Friday. Remy Cointreau has a 1 year low of $3.98 and a 1 year high of $6.60. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.34 and a current ratio of 3.16. The stock’s fifty day moving average price is $5.09 and its 200-day moving average price is $4.79.

Analyst Upgrades and Downgrades

Separately, UBS Group upgraded Remy Cointreau from a “sell” rating to a “neutral” rating in a research note on Monday, June 8th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Remy Cointreau presently has an average rating of “Reduce”.

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.