Short Interest in Carrefour SA (OTCMKTS:CRRFY) Grows By 19.8%

Carrefour SA (OTCMKTS:CRRFY) was the target of a large growth in short interest in February. As of February 15th, there was short interest totalling 255,300 shares, a growth of 19.8% from the January 31st total of 213,100 shares. Based on an average daily volume of 1,011,300 shares, the days-to-cover ratio is presently 0.3 days.

Carrefour Stock Performance

Shares of Carrefour stock opened at $2.81 on Friday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.60 and a current ratio of 0.85. The firm’s 50-day simple moving average is $2.76 and its 200-day simple moving average is $3.03. Carrefour has a 1 year low of $2.53 and a 1 year high of $3.75.

Analysts Set New Price Targets

CRRFY has been the topic of several research reports. Hsbc Global Res lowered shares of Carrefour from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 31st. Citigroup reissued a “buy” rating on shares of Carrefour in a research report on Tuesday, February 4th. Finally, BNP Paribas downgraded Carrefour from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 22nd.

About Carrefour

Carrefour SA engages in the operation of stores that offer food and non-food products in various formats and channels in France, Spain, Italy, Belgium, Poland, Romania, Brazil, and Argentina, as well as in the Middle East, Africa, and Asia. The company operates hypermarkets, supermarkets, convenience stores, club stores, and cash and carry stores; e-commerce sites; and service stations.