Short Interest in B&M European Value Retail S.A. (OTCMKTS:BMRRY) Drops By 84.2%

B&M European Value Retail S.A. (OTCMKTS:BMRRY) was the recipient of a significant drop in short interest in February. As of February 15th, there was short interest totalling 300 shares, a drop of 84.2% from the January 31st total of 1,900 shares. Based on an average daily volume of 122,600 shares, the days-to-cover ratio is currently 0.0 days.

B&M European Value Retail Trading Down 0.2 %

Shares of BMRRY stock traded down $0.03 during trading hours on Thursday, hitting $14.29. 22,299 shares of the company’s stock traded hands, compared to its average volume of 55,249. The stock’s 50 day simple moving average is $16.33 and its 200 day simple moving average is $19.24. The company has a debt-to-equity ratio of 2.58, a current ratio of 1.06 and a quick ratio of 0.23. B&M European Value Retail has a 12 month low of $13.61 and a 12 month high of $28.59.

B&M European Value Retail Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, January 21st will be issued a dividend of $0.7385 per share. The ex-dividend date is Tuesday, January 21st. This is an increase from B&M European Value Retail’s previous dividend of $0.37.

Analyst Ratings Changes

Separately, The Goldman Sachs Group downgraded B&M European Value Retail from a “strong-buy” rating to a “hold” rating in a research note on Monday.

About B&M European Value Retail

B&M European Value Retail SA operates general merchandise and grocery stores. The company operates a chain of stores under the B&M, Heron Foods, and B&M Express in the United Kingdom; and stores under the B&M brand in France. It also provides property management services. The company was founded in 1978 and is based in Munsbach, Luxembourg.