Carrefour SA (OTCMKTS:CRRFY) Short Interest Up 52.3% in February

Carrefour SA (OTCMKTS:CRRFY) was the recipient of a large growth in short interest in February. As of February 28th, there was short interest totalling 388,900 shares, a growth of 52.3% from the February 13th total of 255,300 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 2,387,100 shares, the days-to-cover ratio is presently 0.2 days.

Carrefour Stock Performance

OTCMKTS:CRRFY opened at $2.84 on Monday. The firm has a 50 day simple moving average of $2.77 and a 200-day simple moving average of $3.01. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.85 and a quick ratio of 0.60. Carrefour has a 1-year low of $2.53 and a 1-year high of $3.75.

Analysts Set New Price Targets

CRRFY has been the topic of a number of recent research reports. Hsbc Global Res lowered shares of Carrefour from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 31st. BNP Paribas downgraded shares of Carrefour from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 22nd. Finally, Citigroup reaffirmed a “buy” rating on shares of Carrefour in a report on Tuesday, February 4th.

About Carrefour

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.