Carrefour SA (OTCMKTS:CRRFY) Stock Short Interest Report for October

Carrefour SA (OTCMKTS:CRRFY) was the recipient of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 212,724 shares, a drop of 65.8% from the September 30th total of 621,833 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 547,407 shares, the short-interest ratio is currently 0.4 days.

Analyst Ratings Changes

Several brokerages have recently issued reports on CRRFY. Royal Bank Of Canada initiated coverage on Carrefour in a research report on Monday, July 6th. They set a “moderate buy” rating for the company. UBS Group cut Carrefour from a “buy” rating to a “hold” rating in a research report on Wednesday, October 21st. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Carrefour presently has a consensus rating of “Hold”.

Carrefour Trading Down 0.7%

Shares of CRRFY traded down $0.02 during trading hours on Thursday, hitting $2.94. 189,364 shares of the company were exchanged, compared to its average volume of 331,372. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.63 and a current ratio of 0.90. The firm has a fifty day simple moving average of $3.66 and a 200-day simple moving average of $3.68. Carrefour has a one year low of $2.90 and a one year high of $4.13.

About Carrefour

Carrefour SA is a France-based multinational food retailer operating hypermarkets, supermarkets, convenience stores, cash-and-carry outlets and e-commerce platforms. The company sells groceries, fresh food, household goods, personal-care products, apparel and other nonfood merchandise through its stores and digital channels.

Founded in 1959, Carrefour opened its first hypermarket in Sainte-Geneviève-des-Bois, France, in 1960. It has since developed a broad retail network supported by company-operated, franchised and partnered stores, as well as private-label brands and customer loyalty services.

Carrefour’s principal markets include France, Spain, Italy, Belgium, Poland, Romania, Brazil and Argentina, with additional international reach through franchise and partnership arrangements.