B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) Short Interest Up 76.1% in December

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 5,121 shares, an increase of 76.1% from the November 30th total of 2,908 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 14,002 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 14,002 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the company’s shares are sold short.

B&M European Value Retail Price Performance

OTCMKTS:BMRRY opened at $8.63 on Friday. B&M European Value Retail has a 12-month low of $8.11 and a 12-month high of $18.56. The company has a current ratio of 1.35, a quick ratio of 0.46 and a debt-to-equity ratio of 2.95. The stock has a fifty day moving average price of $8.84 and a 200 day moving average price of $11.67.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on BMRRY shares. Citigroup cut B&M European Value Retail from a “strong-buy” rating to a “hold” rating in a research note on Thursday, December 11th. Deutsche Bank Aktiengesellschaft lowered B&M European Value Retail from a “buy” rating to a “hold” rating in a research note on Wednesday, December 10th. Finally, Zacks Research downgraded B&M European Value Retail from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 9th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, B&M European Value Retail currently has an average rating of “Moderate Buy”.

B&M European Value Retail Company Profile

B&M European Value Retail is a leading discount variety retailer operating primarily in the United Kingdom and France. The company’s stores offer a broad assortment of value-focused merchandise, including groceries, health and beauty products, toys, seasonal items, homewares, DIY and gardening supplies, and pet care. By sourcing products directly from manufacturers and maintaining a lean cost structure, B&M aims to deliver everyday low prices to its customers.

Headquartered in Liverpool, England, B&M traces its origins back to the late 1970s and has grown through a combination of organic expansion and strategic acquisitions.