Carrefour SA (OTCMKTS:CRRFY) Sees Significant Decrease in Short Interest

Carrefour SA (OTCMKTS:CRRFY) saw a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 316,400 shares, a decrease of 18.6% from the February 28th total of 388,900 shares. Based on an average trading volume of 2,812,700 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Carrefour Trading Up 1.4 %

Shares of OTCMKTS:CRRFY opened at $2.86 on Tuesday. 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. The business’s 50 day moving average is $2.77 and its 200-day moving average is $2.98.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Citigroup reaffirmed a “buy” rating on shares of Carrefour in a research report on Tuesday, February 4th. BNP Paribas lowered shares of Carrefour from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 22nd. Finally, Hsbc Global Res lowered shares of Carrefour from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 31st.

Carrefour Company Profile

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.