B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) Short Interest Up 1,325.0% in September

Key Points

• B&M European Value Retail saw a massive increase in short interest, rising by 1,325.0% in September, bringing the total to 5,700 shares as of September 30th.
• The stock is currently rated as a "Moderate Buy" by analysts, despite Zacks Research recently downgrading it from a "hold" to a "strong sell" rating.
• B&M European Value Retail's stock price decreased by $0.13 to $11.66, with significant trading activity noted compared to its average volume.

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY - Get Free Report) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totaling 5,700 shares, a growth of 1,325.0% from the September 15th total of 400 shares. Based on an average daily trading volume, of 79,500 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 79,500 shares, the days-to-cover ratio is presently 0.1 days.

B&M European Value Retail Stock Performance

Shares of BMRRY traded down $0.13 during trading on Thursday, reaching $11.66. 6,595 shares of the company traded hands, compared to its average volume of 49,749. B&M European Value Retail has a twelve month low of $11.46 and a twelve month high of $21.35. The stock has a 50-day simple moving average of $12.93 and a 200-day simple moving average of $14.55. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.35 and a quick ratio of 0.46.

Wall Street Analyst Weigh In

Separately, Zacks Research cut B&M European Value Retail from a "hold" rating to a "strong sell" rating in a research note on Thursday, October 9th. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy".

B&M European Value Retail Company Profile

B&M European Value Retail SA operates general merchandise and grocery stores. The company operates a chain of stores under the B&M, Heron Foods, and B&M Express in the United Kingdom; and stores under the B&M brand in France. It also provides property management services. The company was founded in 1978 and is based in Munsbach, Luxembourg.

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