Carrefour SA (OTCMKTS:CRRFY) Sees Large Growth in Short Interest

Carrefour SA (OTCMKTS:CRRFY) was the recipient of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 388,900 shares, a growth of 52.3% from the February 13th total of 255,300 shares. Based on an average trading volume of 2,387,100 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Carrefour Stock Up 3.3 %

OTCMKTS:CRRFY opened at $2.84 on Friday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.60 and a current ratio of 0.85. The stock’s fifty day moving average is $2.77 and its two-hundred day moving average is $3.02. Carrefour has a 52 week low of $2.53 and a 52 week high of $3.75.

Analysts Set New Price Targets

A number of research firms recently commented on CRRFY. BNP Paribas cut Carrefour from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 22nd. Hsbc Global Res cut Carrefour from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 31st. Finally, Citigroup restated a “buy” rating on shares of Carrefour in a research note on Tuesday, February 4th.

About Carrefour

Carrefour SA engages in the operation of stores that offer food and non-food products in various formats and channels in France, Spain, Italy, Belgium, Poland, Romania, Brazil, and Argentina, as well as in the Middle East, Africa, and Asia. The company operates hypermarkets, supermarkets, convenience stores, club stores, and cash and carry stores; e-commerce sites; and service stations.