Rémy Cointreau SA (OTCMKTS:REMYY) Sees Large Drop in Short Interest

Rémy Cointreau SA (OTCMKTS:REMYY) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 16,200 shares, a drop of 29.6% from the December 31st total of 23,000 shares. Based on an average daily trading volume, of 46,900 shares, the days-to-cover ratio is presently 0.3 days.

Rémy Cointreau Trading Down 2.9 %

Shares of REMYY stock traded down $0.17 during midday trading on Friday, hitting $5.63. The company had a trading volume of 7,796 shares, compared to its average volume of 18,892. Rémy Cointreau has a 52-week low of $5.35 and a 52-week high of $10.96. The company’s 50 day simple moving average is $5.98 and its 200 day simple moving average is $6.68.

About Rémy Cointreau

Rémy Cointreau SA, together with its subsidiaries, engages in the production, sale, and distribution of liqueurs and spirits. It operates through Rémy Martin, Liqueurs & Spirits, and Partner Brands segments. The company offers cognacs, liqueurs, single malt whiskies, gins, rums, brandies, wines, and champagnes primarily under the Cointreau, Metaxa, St-Rémy, Mount Gay, Bruichladdich, The Botanist, Westland, Le Domaine des Hautes Glaces, Belle de Brillet, Telmont, Port Charlotte, Octomore, Rémy Martin, and LOUIS XIII brands.