Short Interest in Remy Cointreau (OTCMKTS:REMYY) Drops By 99.0%

Remy Cointreau (OTCMKTS:REMYY) saw a large drop in short interest in January. As of January 30th, there was short interest totaling 100 shares, a drop of 99.0% from the January 15th total of 10,445 shares. Based on an average trading volume of 28,314 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 28,314 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. UBS Group lowered Remy Cointreau from a “hold” rating to a “sell” rating in a research note on Wednesday, December 3rd. The Goldman Sachs Group lowered shares of Remy Cointreau to a “neutral” rating in a report on Friday, October 31st. Finally, Deutsche Bank Aktiengesellschaft reissued a “sell” rating on shares of Remy Cointreau in a research note on Friday, November 28th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Remy Cointreau Stock Up 4.5%

Shares of Remy Cointreau stock opened at $5.36 on Wednesday. The business has a 50-day moving average price of $4.51 and a two-hundred day moving average price of $5.16. Remy Cointreau has a 1-year low of $4.05 and a 1-year high of $7.23. The company has a current ratio of 2.79, a quick ratio of 0.39 and a debt-to-equity ratio of 0.31.

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.