Rémy Cointreau SA (OTCMKTS:REMYF) Sees Significant Increase in Short Interest

Rémy Cointreau SA (OTCMKTS:REMYF) saw a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 245,300 shares, a growth of 197.7% from the February 13th total of 82,400 shares. Based on an average daily trading volume, of 1,700 shares, the short-interest ratio is presently 144.3 days.

Rémy Cointreau Stock Performance

Shares of Rémy Cointreau stock opened at $49.08 on Friday. The stock’s 50-day simple moving average is $54.72 and its 200-day simple moving average is $62.64. Rémy Cointreau has a 52 week low of $49.08 and a 52 week high of $103.65.

About Rémy Cointreau

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.