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

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 the month of 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 trading volume of 32,900 shares, the days-to-cover ratio is currently 0.1 days. Currently,0.0% of the company's shares are sold short. Currently,0.0% of the company's shares are sold short. Based on an average trading volume of 32,900 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Ratings Changes

Separately, Barclays upgraded B&M European Value Retail to a "strong-buy" rating in a report on Thursday, May 29th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Buy".

B&M European Value Retail Stock Performance

Shares of BMRRY remained flat at $12.61 during midday trading on Wednesday. The stock had a trading volume of 13,818 shares, compared to its average volume of 13,920. The company has a 50-day moving average price of $13.30 and a 200-day moving average price of $14.92. The company has a debt-to-equity ratio of 2.95, a quick ratio of 0.46 and a current ratio of 1.35. B&M European Value Retail has a fifty-two week low of $11.4550 and a fifty-two week high of $24.65.

B&M European Value Retail Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, August 15th. Investors of record on Monday, June 30th were paid a dividend of $0.3973 per share. The ex-dividend date was Friday, June 27th. This represents a yield of 806.0%.

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.