Remy Cointreau (OTCMKTS:REMYY) Short Interest Up 64.7% in February

Remy Cointreau (OTCMKTS:REMYY) was the recipient of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 5,113 shares, a growth of 64.7% from the February 12th total of 3,105 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 25,647 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 25,647 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Remy Cointreau Stock Down 1.0%

Shares of Remy Cointreau stock traded down $0.04 during trading on Friday, reaching $4.21. The company’s stock had a trading volume of 2,259 shares, compared to its average volume of 14,865. The company has a current ratio of 2.79, a quick ratio of 0.39 and a debt-to-equity ratio of 0.31. The business’s fifty day moving average price is $4.77 and its 200-day moving average price is $4.97. Remy Cointreau has a one year low of $4.05 and a one year high of $7.23.

Analyst Ratings Changes

Several brokerages have commented on REMYY. UBS Group downgraded Remy Cointreau from a “hold” rating to a “sell” rating in a report on Wednesday, December 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating on shares of Remy Cointreau in a report on Friday, November 28th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Remy Cointreau has an average rating of “Hold”.

Remy Cointreau Company Profile

Rémy Cointreau is a French spirits group specializing in the production and distribution of premium and super-premium alcoholic beverages. The company’s core activities center on cognacs, liqueurs, single malt Scotch whiskies and innovative craft spirits. Through its integrated production network and dedicated cellar masters, Rémy Cointreau maintains rigorous quality standards from distillation and aging to bottling and distribution.

The group’s flagship brands include Rémy Martin and Louis XIII cognacs, recognized worldwide for their heritage and craftsmanship, as well as Cointreau, a leading triple-sec liqueur.