Remy Cointreau (OTCMKTS:REMYY) Short Interest Up 316.5% in July

Remy Cointreau (OTCMKTS:REMYY) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 16,272 shares, a growth of 316.5% from the July 15th total of 3,907 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 14,914 shares, the days-to-cover ratio is presently 1.1 days.

Remy Cointreau Stock Performance

Shares of Remy Cointreau stock traded up $0.17 during trading hours on Friday, reaching $5.45. 12,482 shares of the company’s stock were exchanged, compared to its average volume of 13,771. The company has a fifty day moving average of $5.08 and a 200-day moving average of $4.78. The company has a current ratio of 3.16, a quick ratio of 0.34 and a debt-to-equity ratio of 0.35. Remy Cointreau has a 52-week low of $3.98 and a 52-week high of $6.60.

Analysts Set New Price Targets

Separately, UBS Group raised shares of Remy Cointreau from a “sell” rating to a “neutral” rating in a research note on Monday, June 8th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Reduce”.

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.