L’Oreal SA (OTCMKTS:LRLCY) Short Interest Update

L’Oreal SA (OTCMKTS:LRLCY) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 150,942 shares, a growth of 192.6% from the June 15th total of 51,593 shares. Based on an average daily trading volume, of 799,304 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

Analyst Ratings Changes

Several research firms recently weighed in on LRLCY. Citigroup raised shares of L’Oreal from a “neutral” rating to a “buy” rating in a research note on Thursday, June 25th. BNP Paribas Exane raised shares of L’Oreal from an “underperform” rating to a “neutral” rating in a report on Tuesday, May 5th. Berenberg Bank upgraded L’Oreal from a “hold” rating to a “buy” rating in a research report on Thursday, May 28th. Finally, Deutsche Bank Aktiengesellschaft cut L’Oreal from a “hold” rating to a “sell” rating in a report on Monday, June 22nd. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

L’Oreal Price Performance

Shares of LRLCY stock traded down $0.12 on Monday, reaching $86.66. The company’s stock had a trading volume of 96,713 shares, compared to its average volume of 242,727. The stock’s fifty day simple moving average is $86.75 and its 200-day simple moving average is $86.91. L’Oreal has a 1 year low of $78.82 and a 1 year high of $95.48. The company has a current ratio of 1.44, a quick ratio of 1.15 and a debt-to-equity ratio of 0.23.

About L’Oreal

L’Oréal SA is a global beauty and personal care company, founded in 1909 by Eugène Schueller and headquartered in Clichy, France. The company develops, manufactures and markets a broad range of consumer and professional products across cosmetics, skin care, hair care, hair color, and fragrances. L’Oréal serves customers around the world through a combination of direct retail, salons, pharmacies, department stores and e-commerce, operating in numerous countries across Europe, the Americas, Asia-Pacific, Africa and the Middle East.

Operations are organized around several business divisions that target distinct channels and consumer segments, including Consumer Products, L’Oréal Luxe, Professional Products and Active Cosmetics.