Carrefour SA (OTCMKTS:CRRFY) Short Interest Up 52.3% in February

Carrefour SA (OTCMKTS:CRRFY) was the target of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 388,900 shares, an increase of 52.3% from the February 13th total of 255,300 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 2,387,100 shares, the short-interest ratio is currently 0.2 days.

Analyst Upgrades and Downgrades

CRRFY has been the subject of several analyst reports. BNP Paribas downgraded Carrefour from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 22nd. Hsbc Global Res downgraded Carrefour from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 31st. Finally, Citigroup reiterated a “buy” rating on shares of Carrefour in a research report on Tuesday, February 4th.

Carrefour Stock Up 3.3 %

Shares of OTCMKTS CRRFY traded up $0.09 during trading on Friday, hitting $2.84. The company had a trading volume of 2,265,143 shares, compared to its average volume of 1,054,597. Carrefour has a 52 week low of $2.53 and a 52 week high of $3.75. The business’s 50-day moving average is $2.77 and its 200 day moving average is $3.02. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.85 and a quick ratio of 0.60.

About Carrefour

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.