B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) Short Interest Update

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) saw a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 4,899 shares, a decrease of 38.1% from the February 12th total of 7,918 shares. Based on an average daily trading volume, of 2,988 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 2,988 shares, the days-to-cover ratio is presently 1.6 days.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on BMRRY. Citigroup lowered shares of B&M European Value Retail from a “strong-buy” rating to a “hold” rating in a research note on Thursday, December 11th. Zacks Research upgraded shares of B&M European Value Retail from a “strong sell” rating to a “hold” rating in a report on Monday, January 12th. Finally, Deutsche Bank Aktiengesellschaft cut shares of B&M European Value Retail from a “buy” rating to a “hold” rating in a research report on Wednesday, December 10th. Two investment analysts have rated the stock with a Strong Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

B&M European Value Retail Stock Performance

BMRRY opened at $9.61 on Friday. The stock’s 50-day moving average price is $9.52 and its 200 day moving average price is $10.26. B&M European Value Retail has a 12-month low of $8.11 and a 12-month high of $18.47. The company has a debt-to-equity ratio of 3.13, a current ratio of 1.26 and a quick ratio of 0.27.

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.