Short Interest in Remy Cointreau (OTCMKTS:REMYY) Decreases By 61.7%

Remy Cointreau (OTCMKTS:REMYY) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 4,050 shares, a decrease of 61.7% from the May 31st total of 10,570 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 70,013 shares, the short-interest ratio is currently 0.1 days.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Barclays reiterated an “underweight” rating on shares of Remy Cointreau in a research report on Thursday, April 9th. UBS Group upgraded shares of Remy Cointreau from a “sell” rating to a “neutral” rating in a research report on Monday, June 8th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce”.

Remy Cointreau Trading Down 1.5%

Shares of Remy Cointreau stock opened at $4.89 on Friday. The business’s fifty day moving average price is $4.76 and its two-hundred day moving average price is $4.61. The company has a quick ratio of 0.39, a current ratio of 3.16 and a debt-to-equity ratio of 0.35. Remy Cointreau has a 1-year low of $3.98 and a 1-year high of $7.23.

Remy Cointreau Company Profile

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.