Short Interest in L’Oreal SA (OTCMKTS:LRLCY) Increases By 129.3%

L’Oreal SA (OTCMKTS:LRLCY) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totaling 157,130 shares, an increase of 129.3% from the April 30th total of 68,528 shares. Based on an average daily volume of 425,177 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the shares of the stock are sold short.

L’Oreal Price Performance

Shares of L’Oreal stock traded down $0.87 during trading on Monday, hitting $88.45. The company’s stock had a trading volume of 362,619 shares, compared to its average volume of 211,684. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.15 and a current ratio of 1.44. L’Oreal has a 52 week low of $78.82 and a 52 week high of $95.48. The stock has a 50-day moving average price of $84.09 and a two-hundred day moving average price of $86.42.

Wall Street Analyst Weigh In

Several brokerages have commented on LRLCY. Zacks Research downgraded shares of L’Oreal from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 6th. Royal Bank Of Canada reiterated an “outperform” rating on shares of L’Oreal in a report on Tuesday, February 17th. Berenberg Bank upgraded shares of L’Oreal from a “hold” rating to a “buy” rating in a report on Thursday. BNP Paribas Exane upgraded shares of L’Oreal from an “underperform” rating to a “neutral” rating in a report on Tuesday, May 5th. Finally, HSBC upgraded shares of L’Oreal to a “buy” rating in a report on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

L’Oreal Company Profile

L’Oréal SA is a global beauty and personal care company, founded in 1909 by Eugène Schueller and headquartered in Clichy, France. The company develops, manufactures and markets a broad range of consumer and professional products across cosmetics, skin care, hair care, hair color, and fragrances. L’Oréal serves customers around the world through a combination of direct retail, salons, pharmacies, department stores and e-commerce, operating in numerous countries across Europe, the Americas, Asia-Pacific, Africa and the Middle East.

Operations are organized around several business divisions that target distinct channels and consumer segments, including Consumer Products, L’Oréal Luxe, Professional Products and Active Cosmetics.