Short Interest in Remy Cointreau (OTCMKTS:REMYY) Rises By 88.3%

Remy Cointreau (OTCMKTS:REMYY) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totaling 7,627 shares, an increase of 88.3% from the June 15th total of 4,050 shares. Based on an average daily volume of 26,246 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are short sold.

Analyst Ratings Changes

REMYY has been the subject of a number of recent research reports. UBS Group raised shares of Remy Cointreau from a “sell” rating to a “neutral” rating in a research note on Monday, June 8th. Barclays reiterated an “underweight” rating on shares of Remy Cointreau in a report on Thursday, April 9th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Remy Cointreau presently has a consensus rating of “Reduce”.

Remy Cointreau Stock Performance

OTCMKTS REMYY opened at $5.19 on Friday. Remy Cointreau has a 52 week low of $3.98 and a 52 week high of $7.23. The company has a 50 day moving average price of $4.82 and a 200 day moving average price of $4.68. The company has a current ratio of 3.16, a quick ratio of 0.34 and a debt-to-equity ratio of 0.35.

About Remy Cointreau

Rémy Cointreau is a French spirits group specializing in the production and distribution of premium and super-premium alcoholic beverages. The company’s core activities center on cognacs, liqueurs, single malt Scotch whiskies and innovative craft spirits. Through its integrated production network and dedicated cellar masters, Rémy Cointreau maintains rigorous quality standards from distillation and aging to bottling and distribution.

The group’s flagship brands include Rémy Martin and Louis XIII cognacs, recognized worldwide for their heritage and craftsmanship, as well as Cointreau, a leading triple-sec liqueur.