Carrefour SA (OTCMKTS:CRRFY) Sees Large Growth in Short Interest

Carrefour SA (OTCMKTS:CRRFY) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 168,000 shares, an increase of 135.3% from the September 15th total of 71,400 shares. Based on an average trading volume of 471,100 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 471,100 shares, the days-to-cover ratio is presently 0.4 days.

Carrefour Stock Performance

Shares of OTCMKTS CRRFY opened at $3.15 on Tuesday. Carrefour has a 52-week low of $2.53 and a 52-week high of $3.45. The stock’s fifty day simple moving average is $3.00 and its 200 day simple moving average is $3.02.

Carrefour Company Profile

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.