B&M European Value Retail S.A. (OTCMKTS:BMRRY) Sees Significant Decline in Short Interest

B&M European Value Retail S.A. (OTCMKTS:BMRRY) was the target of a significant decline in short interest in February. As of February 28th, there was short interest totalling 100 shares, a decline of 66.7% from the February 13th total of 300 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 56,300 shares, the days-to-cover ratio is currently 0.0 days.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group lowered B&M European Value Retail from a “strong-buy” rating to a “hold” rating in a report on Monday, February 24th.

B&M European Value Retail Stock Performance

Shares of B&M European Value Retail stock traded down $0.24 on Friday, hitting $13.83. 20,139 shares of the company traded hands, compared to its average volume of 48,509. B&M European Value Retail has a 12-month low of $12.92 and a 12-month high of $28.45. The company has a debt-to-equity ratio of 2.58, a quick ratio of 0.23 and a current ratio of 1.06. The firm’s 50-day simple moving average is $15.36 and its 200 day simple moving average is $18.55.

B&M European Value Retail Increases Dividend

The company also recently declared a dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, January 21st were given a dividend of $0.7385 per share. This is an increase from B&M European Value Retail’s previous dividend of $0.37. The ex-dividend date of this dividend was Tuesday, January 21st.

About B&M European Value Retail

B&M European Value Retail SA operates general merchandise and grocery stores. The company operates a chain of stores under the B&M, Heron Foods, and B&M Express in the United Kingdom; and stores under the B&M brand in France. It also provides property management services. The company was founded in 1978 and is based in Munsbach, Luxembourg.