Samsonite International S.A. (OTCMKTS:SMSEY) Short Interest Down 87.7% in December

Samsonite International S.A. (OTCMKTS:SMSEY) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 4,400 shares, a decline of 87.7% from the November 30th total of 35,900 shares. Based on an average daily volume of 9,600 shares, the short-interest ratio is presently 0.5 days.

Samsonite International Trading Down 0.4 %

Shares of OTCMKTS:SMSEY traded down $0.06 on Friday, hitting $13.87. The company had a trading volume of 1,298 shares, compared to its average volume of 10,296. The firm’s 50-day simple moving average is $12.68 and its two-hundred day simple moving average is $13.10. The firm has a market capitalization of $3.90 billion, a price-to-earnings ratio of 10.67 and a beta of 0.56. The company has a quick ratio of 1.07, a current ratio of 1.61 and a debt-to-equity ratio of 1.11. Samsonite International has a 1 year low of $10.68 and a 1 year high of $20.06.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded Samsonite International to a “strong-buy” rating in a report on Sunday, December 8th.

Samsonite International Company Profile

Samsonite International SA engages in the design, manufacture, sourcing, and distribution of travel luggage bags in North America, Asia, Europe, and Latin America. The company offers luggage, business, computer, outdoor, casual, and women's bags; and travel accessories and slim protective cases for personal electronic devices primarily under the Samsonite, Tumi, American Tourister, Speck, High Sierra, Gregory, Lipault, Kamiliant, Hartmann, and eBags brands, as well as other owned and licensed brand names.