Short Interest in Samsonite International S.A. (OTCMKTS:SMSEY) Drops By 72.2%

Samsonite International S.A. (OTCMKTS:SMSEY) saw a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 500 shares, a decrease of 72.2% from the February 13th total of 1,800 shares. Based on an average daily trading volume, of 7,800 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Samsonite International Stock Performance

Shares of SMSEY stock opened at $12.28 on Friday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.07 and a current ratio of 1.61. Samsonite International has a one year low of $10.68 and a one year high of $20.06. The company’s 50-day simple moving average is $14.10 and its 200-day simple moving average is $13.11. The stock has a market capitalization of $3.43 billion, a price-to-earnings ratio of 9.45 and a beta of 0.57.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised shares of Samsonite International to a “strong-buy” rating in a research 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.