Crédit Agricole S.A. (OTCMKTS:CRARY) Sees Large Increase in Short Interest

Crédit Agricole S.A. (OTCMKTS:CRARY) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 33,300 shares, a growth of 233.0% from the September 15th total of 10,000 shares. Based on an average daily volume of 312,000 shares, the short-interest ratio is currently 0.1 days.

Analyst Ratings Changes

Separately, Barclays raised Crédit Agricole to a “hold” rating in a research report on Thursday, July 11th.

Crédit Agricole Stock Performance

OTCMKTS:CRARY traded down $0.03 during mid-day trading on Friday, reaching $7.51. The stock had a trading volume of 141,371 shares, compared to its average volume of 174,342. The firm has a market capitalization of $45.65 billion, a price-to-earnings ratio of 7.01 and a beta of 1.46. The business has a 50 day simple moving average of $7.58 and a 200 day simple moving average of $7.58. Crédit Agricole has a twelve month low of $5.82 and a twelve month high of $8.65.

Crédit Agricole (OTCMKTS:CRARY) last posted its earnings results on Thursday, August 1st. The company reported $0.31 EPS for the quarter. The company had revenue of $7.32 billion for the quarter. Crédit Agricole had a return on equity of 7.46% and a net margin of 23.85%. As a group, sell-side analysts expect that Crédit Agricole will post 1.16 earnings per share for the current year.

Crédit Agricole Company Profile

Crédit Agricole SA provides retail, corporate, insurance, and investment banking products and services in France and internationally. It operates through French Retail Banking Regional Banks; French Retail Banking – LCL; International Retail Banking; Asset Gathering; Large Customers; and Specialised Financial Services segments.