Rémy Cointreau SA (OTCMKTS:REMYF) Sees Large Decrease in Short Interest

Rémy Cointreau SA (OTCMKTS:REMYFGet Free Report) was the recipient of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 76,300 shares, a drop of 68.9% from the February 28th total of 245,300 shares. Based on an average daily volume of 900 shares, the short-interest ratio is presently 84.8 days.

Rémy Cointreau Price Performance

REMYF stock opened at $49.00 on Thursday. The company’s 50-day moving average price is $53.38 and its 200 day moving average price is $60.83. Rémy Cointreau has a 52 week low of $48.80 and a 52 week high of $103.65.

About Rémy Cointreau

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Rémy Cointreau SA, together with its subsidiaries, engages in the production, sale, and distribution of liqueurs and spirits. The company operates through Rémy Martin, Liqueurs & Spirits, and Partner Brands segments. It offers liqueurs, brandy, gin, single malt whisky, rum, wine, and champagne primarily under the Cointreau, Metaxa, St-Rémy, Mount Gay, Bruichladdich, Port Charlotte, Octomore, The Botanist, Westland, LOUIS XIII, and Domaine des Hautes Glaces brands.

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