Short Interest in Carrefour SA (OTCMKTS:CRRFY) Grows By 12.3%

Carrefour SA (OTCMKTS:CRRFY) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 120,300 shares, an increase of 12.3% from the August 15th total of 107,100 shares. Based on an average trading volume of 725,400 shares, the days-to-cover ratio is currently 0.2 days.

Carrefour Stock Performance

Shares of Carrefour stock opened at $3.44 on Wednesday. Carrefour has a 12-month low of $2.77 and a 12-month high of $3.88. The business’s 50 day moving average is $3.16 and its 200-day moving average is $3.29. The company has a current ratio of 0.93, a quick ratio of 0.67 and a debt-to-equity ratio of 0.69.

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.