Colruyt SA Unsponsored ADR (OTCMKTS:CUYTY) Short Interest Down 76.4% in August

Colruyt SA Unsponsored ADR (OTCMKTS:CUYTYGet Free Report) saw a large decline in short interest in August. As of August 31st, there was short interest totaling 230 shares, a decline of 76.4% from the August 15th total of 973 shares. Based on an average trading volume of 1,106 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Oddo Bhf raised shares of Colruyt to an “outperform” rating in a research report on Friday, June 12th. Zacks Research downgraded shares of Colruyt from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 17th. Finally, Royal Bank Of Canada assumed coverage on shares of Colruyt in a research note on Monday, July 6th. They issued a “hold” rating on the stock. One analyst has rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Colruyt presently has a consensus rating of “Hold”.

View Our Latest Analysis on Colruyt

Colruyt Price Performance

Colruyt stock remained flat at $11.52 during trading hours on Friday. Colruyt has a 12 month low of $9.34 and a 12 month high of $11.52. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.57 and a current ratio of 0.87. The company has a fifty day moving average of $11.04 and a 200 day moving average of $10.14.

Colruyt Company Profile

(Get Free Report)

Colruyt Group NV is a Belgian retail and wholesale company best known for operating Colruyt supermarkets, which emphasize a low-price strategy and a broad range of food, household and personal-care products. The group also operates OKay convenience supermarkets and Bio-Planet organic food stores, as well as specialty retail formats serving areas such as toys, baby products and home goods.

In addition to its retail activities, Colruyt Group supplies professional customers through Solucious, its food-service and wholesale business.

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