Carrefour SA (OTCMKTS:CRRFY) Short Interest Down 18.6% in March

Carrefour SA (OTCMKTS:CRRFY) saw a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 316,400 shares, a decline of 18.6% from the February 28th total of 388,900 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 2,812,700 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

CRRFY has been the subject of a number of recent research reports. Citigroup reissued a “buy” rating on shares of Carrefour in a report on Tuesday, February 4th. BNP Paribas downgraded shares of Carrefour from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 22nd. Finally, Hsbc Global Res lowered shares of Carrefour from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 31st.

Carrefour Stock Down 0.3 %

Shares of Carrefour stock traded down $0.01 on Wednesday, hitting $2.85. The stock had a trading volume of 219,995 shares, compared to its average volume of 935,692. The stock has a 50 day moving average of $2.77 and a 200 day moving average of $2.97. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.60 and a current ratio of 0.85. Carrefour has a twelve month low of $2.53 and a twelve month high of $3.75.

Carrefour Company Profile

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.