Short Interest in Crédit Agricole S.A. (OTCMKTS:CRARY) Declines By 62.2%

Crédit Agricole S.A. (OTCMKTS:CRARY) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totalling 34,400 shares, a drop of 62.2% from the June 30th total of 91,000 shares. Based on an average daily volume of 372,100 shares, the days-to-cover ratio is presently 0.1 days.

Crédit Agricole Stock Up 0.3 %

Crédit Agricole stock traded up $0.02 during midday trading on Friday, hitting $7.49. The stock had a trading volume of 113,212 shares, compared to its average volume of 158,322. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 6.02. The stock has a market cap of $45.33 billion, a P/E ratio of 6.87 and a beta of 1.47. Crédit Agricole has a 12 month low of $5.82 and a 12 month high of $8.65. The business has a fifty day moving average price of $7.50 and a 200 day moving average price of $7.35.

Crédit Agricole (OTCMKTS:CRARY) last announced its quarterly earnings data on Friday, May 3rd. The company reported $0.28 earnings per share for the quarter. The firm had revenue of $7.39 billion during the quarter. Crédit Agricole had a return on equity of 7.52% and a net margin of 24.79%. Research analysts predict that Crédit Agricole will post 1.1 EPS for the current year.

Crédit Agricole Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, May 28th were issued a $0.5657 dividend. This is a positive change from Crédit Agricole’s previous dividend of $0.43. The ex-dividend date was Friday, May 24th. Crédit Agricole’s payout ratio is currently 34.86%.

Analyst Upgrades and Downgrades

Separately, Barclays raised Crédit Agricole to a “hold” rating in a research report on Thursday, July 11th.

About Crédit Agricole

Crédit Agricole SA provides retail, corporate, insurance, and investment banking products and services in France and internationally. It operates through French Retail Banking Regional Banks; French Retail Banking – LCL; International Retail Banking; Asset Gathering; Large Customers; and Specialised Financial Services segments.