Short Interest in Crédit Agricole S.A. (OTCMKTS:CRARY) Expands By 96.1%

Crédit Agricole S.A. (OTCMKTS:CRARY) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 65,300 shares, an increase of 96.1% from the September 30th total of 33,300 shares. Based on an average trading volume of 317,900 shares, the short-interest ratio is presently 0.2 days.

Crédit Agricole Price Performance

Shares of CRARY stock traded up $0.12 on Monday, reaching $7.58. 545,232 shares of the company were exchanged, compared to its average volume of 178,937. The company has a market cap of $45.87 billion, a price-to-earnings ratio of 6.85 and a beta of 1.46. The company has a 50-day moving average of $7.66 and a 200-day moving average of $7.59. Crédit Agricole has a one year low of $5.91 and a one year high of $8.65.

Crédit Agricole (OTCMKTS:CRARY) last released its quarterly earnings data on Thursday, August 1st. The company reported $0.31 earnings per share (EPS) for the quarter. The company had revenue of $7.32 billion for the quarter. Crédit Agricole had a net margin of 23.85% and a return on equity of 7.46%. As a group, sell-side analysts predict that Crédit Agricole will post 1.16 EPS for the current year.

Analyst Ratings Changes

Separately, Barclays upgraded Crédit Agricole to a “hold” rating in a 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.