Remy Cointreau (OTCMKTS:REMYY) Short Interest Up 88.3% in June

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

Remy Cointreau Stock Performance

Shares of Remy Cointreau stock opened at $4.92 on Thursday. The firm has a fifty day moving average price of $4.81 and a 200 day moving average price of $4.67. Remy Cointreau has a 1 year low of $3.98 and a 1 year high of $7.23. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.16 and a quick ratio of 0.34.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on REMYY. Barclays restated an “underweight” rating on shares of Remy Cointreau in a research note on Thursday, April 9th. UBS Group raised Remy Cointreau from a “sell” rating to a “neutral” rating in a report on Monday, June 8th. One investment 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. Based on data from MarketBeat, the company has a consensus rating of “Reduce”.

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.