Carrefour SA (OTCMKTS:CRRFY – Get Free Report) 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.
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Carrefour Stock Up 3.3 %
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.
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