B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) Short Interest Up 250.0% in July

Key Points

• B&M European Value Retail SA experienced a significant increase in short interest, rising by 250.0% in July, with a total of 3,500 shares shorted by the end of the month.
• The company announced a dividend of $0.3973 per share set to be paid on August 15th, representing an impressive 806.0% dividend yield.
• Barclays upgraded B&M European Value Retail to a "strong-buy" rating, indicating a positive outlook for the stock's performance.

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY - Get Free Report) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 3,500 shares, agrowthof250.0% from the July 15th total of 1,000 shares. Based on an average daily volume of 32,900 shares, the days-to-cover ratio is presently 0.1 days. Currently,0.0% of the shares of the company are short sold. Currently,0.0% of the shares of the company are short sold. Based on an average daily volume of 32,900 shares, the days-to-cover ratio is presently 0.1 days.

B&M European Value Retail Trading Down 0.9%

Shares of B&M European Value Retail stock opened at $12.20 on Friday. B&M European Value Retail has a fifty-two week low of $11.46 and a fifty-two week high of $24.65. The business's fifty day moving average is $13.49 and its two-hundred day moving average is $15.02. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.35 and a quick ratio of 0.46.

B&M European Value Retail Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, August 15th. Stockholders of record on Monday, June 30th will be issued a dividend of $0.3973 per share. This represents a dividend yield of 806.0%. The ex-dividend date is Friday, June 27th.

Analyst Ratings Changes

Separately, Barclays raised B&M European Value Retail to a "strong-buy" rating in a report on Thursday, May 29th.

About B&M European Value Retail

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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