Carrefour SA (OTCMKTS:CRRFY) Short Interest Down 43.0% in May

Carrefour SA (OTCMKTS:CRRFY – Get Free Report) was the target of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 411,527 shares, a decline of 43.0% from the May 14th total of 721,665 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 1,102,561 shares, the days-to-cover ratio is presently 0.4 days.

Analyst Ratings Changes

Separately, Oddo Bhf upgraded Carrefour to a “neutral” rating in a research note on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

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Carrefour Stock Up 1.2%

OTCMKTS:CRRFY traded up $0.04 during trading hours on Tuesday, reaching $3.82. 60,167 shares of the company traded hands, compared to its average volume of 313,495. The business’s 50-day moving average price is $3.88 and its two-hundred day moving average price is $3.60. Carrefour has a 1 year low of $2.73 and a 1 year high of $4.13. The company has a quick ratio of 0.63, a current ratio of 0.87 and a debt-to-equity ratio of 0.83.

About Carrefour

(Get Free Report)

Carrefour is a French multinational retail corporation established in 1959 and headquartered in Boulogne-Billancourt, France. As one of the world’s largest retail chains, the company pioneered the hypermarket concept in Europe, combining a supermarket and department store under one roof. Over the decades, Carrefour has expanded its footprint to encompass a variety of store formats, including hypermarkets, supermarkets, cash & carry outlets, convenience stores and e-commerce platforms, catering to a wide range of consumer needs.

Carrefour’s core business activities revolve around food retailing, non-food products and services.

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