Etn. Fr. Colruyt NV (OTCMKTS:CUYTY) Short Interest Update

Etn. Fr. Colruyt NV (OTCMKTS:CUYTY – Get Rating) was the target of a large growth in short interest in April. As of April 30th, there was short interest totalling 6,000 shares, a growth of 650.0% from the April 15th total of 800 shares. Based on an average daily trading volume, of 3,600 shares, the days-to-cover ratio is presently 1.7 days.

A number of analysts have recently commented on CUYTY shares. Morgan Stanley lowered their target price on Etn. Fr. Colruyt from €42.50 ($44.74) to €39.00 ($41.05) in a research note on Friday, January 21st. Kepler Capital Markets raised Etn. Fr. Colruyt from a “hold” rating to a “buy” rating in a report on Wednesday, February 2nd. Finally, Zacks Investment Research upgraded Etn. Fr. Colruyt from a “sell” rating to a “hold” rating in a research report on Tuesday, February 15th.

Shares of OTCMKTS CUYTY opened at $8.96 on Thursday. The company has a current ratio of 0.81, a quick ratio of 0.48 and a debt-to-equity ratio of 0.21. Etn. Fr. Colruyt has a 12-month low of $8.95 and a 12-month high of $15.67. The business’s fifty day simple moving average is $9.81 and its 200-day simple moving average is $10.54.

About Etn. Fr. Colruyt (Get Rating)

Etn. Fr. Colruyt NV, together with its subsidiaries, engages in the retail, wholesale, food service, and other activities in Belgium, France, and internationally. It operates through three segments: Retail, Wholesale and Foodservice, and Other Activities. As of June 17, 2021, the company operated 248 Colruyt stores, 145 OKay stores, 31 Bio-Planet stores, 45 Dreamland stores, 29 Dreambaby stores, and 3 Cru stores in Belgium and Luxembourg, as well as 85 Colruyt stores in France.

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