Short Interest in L’Oreal SA (OTCMKTS:LRLCY) Expands By 192.6%

L’Oreal SA (OTCMKTS:LRLCY) saw a significant increase in short interest in June. As of June 30th, there was short interest totaling 150,942 shares, an increase of 192.6% from the June 15th total of 51,593 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 799,304 shares, the short-interest ratio is currently 0.2 days.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. BNP Paribas Exane upgraded L’Oreal from an “underperform” rating to a “neutral” rating in a research report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft downgraded L’Oreal from a “hold” rating to a “sell” rating in a research report on Monday, June 22nd. Citigroup upgraded L’Oreal from a “neutral” rating to a “buy” rating in a research report on Thursday, June 25th. Finally, Berenberg Bank raised shares of L’Oreal from a “hold” rating to a “buy” rating in a research note on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

L’Oreal Stock Down 0.1%

OTCMKTS LRLCY traded down $0.12 during trading on Monday, hitting $86.66. The stock had a trading volume of 96,713 shares, compared to its average volume of 242,727. The company has a quick ratio of 1.15, a current ratio of 1.44 and a debt-to-equity ratio of 0.23. L’Oreal has a one year low of $78.82 and a one year high of $95.48. The stock has a 50 day simple moving average of $86.75 and a 200 day simple moving average of $86.91.

About L’Oreal

L’Oréal SA is a global beauty and personal care company, founded in 1909 by Eugène Schueller and headquartered in Clichy, France. The company develops, manufactures and markets a broad range of consumer and professional products across cosmetics, skin care, hair care, hair color, and fragrances. L’Oréal serves customers around the world through a combination of direct retail, salons, pharmacies, department stores and e-commerce, operating in numerous countries across Europe, the Americas, Asia-Pacific, Africa and the Middle East.

Operations are organized around several business divisions that target distinct channels and consumer segments, including Consumer Products, L’Oréal Luxe, Professional Products and Active Cosmetics.