Carrefour SA (OTCMKTS:CRRFY) Short Interest Update

Carrefour SA (OTCMKTS:CRRFY) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 191,900 shares, a growth of 655.5% from the May 31st total of 25,400 shares. Based on an average daily trading volume, of 1,753,700 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Ratings Changes

Separately, Morgan Stanley lowered Carrefour from an “overweight” rating to an “equal weight” rating in a report on Thursday, April 25th.

Carrefour Price Performance

OTCMKTS CRRFY traded down $0.07 during trading hours on Friday, hitting $2.83. The company had a trading volume of 610,082 shares, compared to its average volume of 1,163,011. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.67 and a current ratio of 0.93. Carrefour has a 1-year low of $2.81 and a 1-year high of $4.17. The business has a 50 day moving average of $3.35 and a 200-day moving average of $3.45.

Carrefour Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, June 21st. Stockholders of record on Wednesday, May 29th were paid a dividend of $0.1872 per share. This is an increase from Carrefour’s previous dividend of $0.08. The ex-dividend date was Wednesday, May 29th.

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.