Remy Cointreau (OTCMKTS:REMYY) Short Interest Up 349.9% in December

Remy Cointreau (OTCMKTS:REMYY) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totaling 16,604 shares, a growth of 349.9% from the November 30th total of 3,691 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 86,590 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 86,590 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Remy Cointreau Stock Up 0.4%

REMYY opened at $4.25 on Friday. The company’s 50 day simple moving average is $4.71 and its two-hundred day simple moving average is $5.43. Remy Cointreau has a 1-year low of $4.05 and a 1-year high of $7.23. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.79 and a quick ratio of 0.39.

Analysts Set New Price Targets

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

About Remy Cointreau

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.