Short Interest in B&M European Value Retail S.A. (OTCMKTS:BMRRY) Declines By 84.2%

B&M European Value Retail S.A. (OTCMKTS:BMRRY) saw a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 300 shares, a decline of 84.2% from the January 31st total of 1,900 shares. Based on an average daily trading volume, of 122,600 shares, the days-to-cover ratio is presently 0.0 days.

B&M European Value Retail Trading Down 1.0 %

Shares of BMRRY traded down $0.14 during mid-day trading on Friday, hitting $13.88. 20,023 shares of the company traded hands, compared to its average volume of 53,478. B&M European Value Retail has a 1-year low of $13.61 and a 1-year high of $28.59. The company has a debt-to-equity ratio of 2.58, a quick ratio of 0.23 and a current ratio of 1.06. The business has a 50 day moving average of $16.26 and a 200 day moving average of $19.20.

B&M European Value Retail Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, January 21st will be paid a dividend of $0.7385 per share. This is a boost from B&M European Value Retail’s previous dividend of $0.37. The ex-dividend date of this dividend is Tuesday, January 21st.

Analyst Ratings Changes

Separately, The Goldman Sachs Group downgraded shares of B&M European Value Retail from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 24th.

About B&M European Value Retail

B&M European Value Retail SA operates general merchandise and grocery stores. The company operates a chain of stores under the B&M, Heron Foods, and B&M Express in the United Kingdom; and stores under the B&M brand in France. It also provides property management services. The company was founded in 1978 and is based in Munsbach, Luxembourg.