B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) Short Interest Up ∞ in June

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 50 shares, an increase of ∞ from the May 31st total of 0 shares. Based on an average daily volume of 14,277 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

B&M European Value Retail Trading Down 1.6%

BMRRY opened at $10.65 on Tuesday. B&M European Value Retail has a 12 month low of $8.11 and a 12 month high of $15.79. The company has a current ratio of 1.42, a quick ratio of 0.48 and a debt-to-equity ratio of 2.78. The business’s 50-day moving average price is $9.65 and its 200-day moving average price is $9.41.

Wall Street Analyst Weigh In

Several brokerages have recently commented on BMRRY. Sanford C. Bernstein initiated coverage on B&M European Value Retail in a research report on Friday, May 15th. They set an “underperform” rating on the stock. Citigroup restated a “neutral” rating on shares of B&M European Value Retail in a research report on Thursday, June 11th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating on shares of B&M European Value Retail in a research note on Wednesday, June 10th. Two equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Reduce”.

About B&M European Value Retail

B&M European Value Retail is a leading discount variety retailer operating primarily in the United Kingdom and France. The company’s stores offer a broad assortment of value-focused merchandise, including groceries, health and beauty products, toys, seasonal items, homewares, DIY and gardening supplies, and pet care. By sourcing products directly from manufacturers and maintaining a lean cost structure, B&M aims to deliver everyday low prices to its customers.

Headquartered in Liverpool, England, B&M traces its origins back to the late 1970s and has grown through a combination of organic expansion and strategic acquisitions.