L’Oreal SA (OTCMKTS:LRLCY) Short Interest Update

L’Oreal SA (OTCMKTS:LRLCY) saw a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 14,684 shares, a decline of 90.3% from the June 30th total of 150,942 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 245,394 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. BNP Paribas Exane upgraded shares of L’Oreal from an “underperform” rating to a “neutral” rating in a report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft cut L’Oreal from a “hold” rating to a “sell” rating in a report on Monday, June 22nd. Citigroup upgraded L’Oreal from a “neutral” rating to a “buy” rating in a research report on Thursday, June 25th. Finally, Berenberg Bank raised L’Oreal from a “hold” rating to a “buy” rating in a research note on Thursday, May 28th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, L’Oreal has an average rating of “Moderate Buy”.

L’Oreal Stock Up 1.3%

Shares of LRLCY opened at $84.75 on Friday. L’Oreal has a 12-month low of $78.82 and a 12-month high of $95.48. The company’s 50-day moving average price is $87.06 and its 200 day moving average price is $86.93. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.15 and a current ratio of 1.44.

About L’Oreal

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.