Short Interest in Carrefour SA (OTCMKTS:CRRFY) Rises By 19.8%

Carrefour SA (OTCMKTS:CRRFY) saw a large growth in short interest in February. As of February 15th, there was short interest totalling 255,300 shares, a growth of 19.8% from the January 31st total of 213,100 shares. Based on an average daily trading volume, of 1,011,300 shares, the days-to-cover ratio is currently 0.3 days.

Carrefour Stock Performance

CRRFY stock traded up $0.05 on Friday, hitting $2.76. 687,382 shares of the company’s stock traded hands, compared to its average volume of 906,204. Carrefour has a 1-year low of $2.53 and a 1-year high of $3.75. The stock has a fifty day moving average of $2.76 and a 200-day moving average of $3.03. The company has a quick ratio of 0.60, a current ratio of 0.85 and a debt-to-equity ratio of 0.68.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. BNP Paribas cut shares of Carrefour from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 22nd. Citigroup reaffirmed a “buy” rating on shares of Carrefour in a research note on Tuesday, February 4th. Finally, Hsbc Global Res downgraded Carrefour from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 31st.

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.