Carrefour SA (OTCMKTS:CRRFY) Short Interest Up 38.4% in April

Carrefour SA (OTCMKTS:CRRFY) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 277,200 shares, an increase of 38.4% from the March 31st total of 200,300 shares. Based on an average daily volume of 956,000 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. Barclays reiterated an “overweight” rating on shares of Carrefour in a research report on Wednesday, April 16th. Citigroup reissued a “buy” rating on shares of Carrefour in a report on Tuesday, February 4th. Hsbc Global Res cut Carrefour from a “strong-buy” rating to a “hold” rating in a report on Friday, January 31st. Finally, BNP Paribas downgraded Carrefour from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 22nd.

Carrefour Trading Up 0.6 %

Shares of Carrefour stock opened at $3.10 on Friday. The stock’s fifty day simple moving average is $2.89 and its 200 day simple moving average is $2.91. The company has a quick ratio of 0.60, a current ratio of 0.85 and a debt-to-equity ratio of 0.68. Carrefour has a 12 month low of $2.53 and a 12 month high of $3.75.

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.