Rémy Cointreau SA (OTCMKTS:REMYY – Get Free Report) was the recipient of a large decrease in short interest during the month of September. As of September 15th, there was short interest totalling 5,000 shares, a decrease of 50.0% from the August 31st total of 10,000 shares. Based on an average trading volume of 189,500 shares, the short-interest ratio is presently 0.0 days.
Wall Street Analyst Weigh In
Separately, BNP Paribas downgraded Rémy Cointreau from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 10th.
Check Out Our Latest Research Report on Rémy Cointreau
Rémy Cointreau Price Performance
Rémy Cointreau Cuts Dividend
The company also recently declared a dividend, which will be paid on Wednesday, October 16th. Investors of record on Tuesday, July 23rd will be issued a dividend of $0.2149 per share. The ex-dividend date of this dividend is Tuesday, July 23rd.
About Rémy Cointreau
Rémy Cointreau SA, together with its subsidiaries, engages in the production, sale, and distribution of liqueurs and spirits. The company operates through Rémy Martin, Liqueurs & Spirits, and Partner Brands segments. It offers liqueurs, brandy, gin, single malt whisky, rum, wine, and champagne primarily under the Cointreau, Metaxa, St-Rémy, Mount Gay, Bruichladdich, Port Charlotte, Octomore, The Botanist, Westland, LOUIS XIII, and Domaine des Hautes Glaces brands.
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