Remy Cointreau (OTCMKTS:REMYY) Short Interest Up 349.9% in December

by · The Markets Daily

Remy Cointreau (OTCMKTS:REMYY – Get Free Report) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 16,604 shares, a growth of 349.9% from the November 30th total of 3,691 shares. Based on an average trading volume of 86,590 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 86,590 shares, the days-to-cover ratio is presently 0.2 days.

Remy Cointreau Stock Performance

REMYY stock opened at $4.24 on Thursday. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.79 and a quick ratio of 0.39. The company’s 50-day moving average is $4.76 and its 200-day moving average is $5.44. Remy Cointreau has a 1 year low of $4.05 and a 1 year high of $7.23.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on REMYY. Citigroup reiterated a “buy” rating on shares of Remy Cointreau in a research report on Wednesday, September 3rd. UBS Group downgraded Remy Cointreau from a “hold” rating to a “sell” rating in a report on Wednesday, December 3rd. The Goldman Sachs Group downgraded Remy Cointreau to a “neutral” rating in a research note on Friday, October 31st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating on shares of Remy Cointreau in a research note on Friday, November 28th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, Remy Cointreau presently has an average rating of “Hold”.

Check Out Our Latest Report on REMYY

About Remy Cointreau

(Get Free Report)

Rémy Cointreau is a French spirits group specializing in the production and distribution of premium and super-premium alcoholic beverages. The company’s core activities center on cognacs, liqueurs, single malt Scotch whiskies and innovative craft spirits. Through its integrated production network and dedicated cellar masters, Rémy Cointreau maintains rigorous quality standards from distillation and aging to bottling and distribution.

The group’s flagship brands include Rémy Martin and Louis XIII cognacs, recognized worldwide for their heritage and craftsmanship, as well as Cointreau, a leading triple-sec liqueur.

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