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

Carrefour SA (OTCMKTS:CRRFY) saw a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 316,400 shares, a decrease 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 daily volume of 2,812,700 shares, the days-to-cover ratio is currently 0.1 days.

Carrefour Trading Up 1.1 %

OTCMKTS CRRFY opened at $2.88 on Thursday. The firm has a 50-day moving average price of $2.78 and a two-hundred day moving average price of $2.97. Carrefour has a 12-month low of $2.53 and a 12-month high of $3.75. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.85 and a quick ratio of 0.60.

Analysts Set New Price Targets

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

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.