Short Interest in B&M European Value Retail S.A. (OTCMKTS:BMRRY) Rises By 258.1%

B&M European Value Retail S.A. (OTCMKTS:BMRRY) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 30,800 shares, an increase of 258.1% from the March 31st total of 8,600 shares. Based on an average daily trading volume, of 401,800 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Wall Street Analyst Weigh In

BMRRY has been the subject of a number of research analyst reports. The Goldman Sachs Group downgraded B&M European Value Retail from a “strong-buy” rating to a “hold” rating in a report on Monday, February 24th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of B&M European Value Retail in a report on Wednesday, April 16th. Finally, Berenberg Bank raised B&M European Value Retail to a “strong-buy” rating in a report on Friday, April 11th.

B&M European Value Retail Stock Performance

Shares of BMRRY stock traded up $0.06 on Tuesday, hitting $17.78. The stock had a trading volume of 25,341 shares, compared to its average volume of 77,854. The stock’s 50 day moving average is $14.74 and its 200-day moving average is $16.80. The company has a debt-to-equity ratio of 2.58, a current ratio of 1.06 and a quick ratio of 0.23. B&M European Value Retail has a 52-week low of $12.92 and a 52-week high of $28.45.

B&M European Value Retail Company Profile

B&M European Value Retail SA operates general merchandise and grocery stores. The company operates a chain of stores under the B&M, Heron Foods, and B&M Express in the United Kingdom; and stores under the B&M brand in France. It also provides property management services. The company was founded in 1978 and is based in Munsbach, Luxembourg.