Short Interest in Jeronimo Martins SGPS SA (OTCMKTS:JRONY) Increases By 48.6%

Jeronimo Martins SGPS SA (OTCMKTS:JRONY) saw a significant growth in short interest in February. As of February 27th, there was short interest totaling 11,453 shares, a growth of 48.6% from the February 12th total of 7,706 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 13,727 shares, the days-to-cover ratio is currently 0.8 days. Based on an average trading volume of 13,727 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.0% of the company’s stock are sold short.

Jeronimo Martins SGPS Stock Down 0.1%

Shares of OTCMKTS JRONY opened at $50.95 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.33 and a current ratio of 0.58. Jeronimo Martins SGPS has a 1 year low of $41.36 and a 1 year high of $54.50. The stock’s 50-day simple moving average is $49.34 and its 200-day simple moving average is $48.94. The firm has a market cap of $16.03 billion, a price-to-earnings ratio of 22.54, a PEG ratio of 1.30 and a beta of 0.90.

Jeronimo Martins SGPS Company Profile

Jeronimo Martins SGPS is a Portugal-based corporate group engaged primarily in food distribution and retail. Through its flagship Pingo Doce banner in Portugal, the company operates a network of full-service supermarkets and convenience outlets offering fresh produce, grocery items, and private-label products. In addition, its cash-and-carry arm, Recheio, supplies wholesale and hospitality professionals with a broad range of food and non-food goods.

Beyond its home market, Jeronimo Martins has established a significant presence in Poland under the discount supermarket brand Biedronka.