Carrefour SA (OTCMKTS:CRRFY) Sees Significant Increase in Short Interest

Key Points

• Carrefour SA experienced a significant increase in short interest in July, with totals rising to 64,500 shares, a growth of 138.9% since mid-month.
• The company's stock opened at $3.04 with a 1-year trading range between $2.53 and $3.62.
• Carrefour recently cut its dividend, paying out $0.041 per share, resulting in an impressive yield of 124.0%.

Carrefour SA (OTCMKTS:CRRFY - Get Free Report) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 64,500 shares, anincreaseof138.9% from the July 15th total of 27,000 shares. Currently,0.0% of the company's shares are sold short. Based on an average daily volume of 435,100 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 435,100 shares, the short-interest ratio is presently 0.1 days. Currently,0.0% of the company's shares are sold short.

Carrefour Stock Performance

Shares of OTCMKTS:CRRFY traded up $0.0050 during midday trading on Thursday, hitting $3.1050. 209,905 shares of the stock were exchanged, compared to its average volume of 517,524. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.63 and a current ratio of 0.88. The business's 50-day moving average price is $2.95 and its 200 day moving average price is $2.95. Carrefour has a 12 month low of $2.53 and a 12 month high of $3.6190.

Carrefour Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, June 24th. Stockholders of record on Tuesday, June 3rd were issued a dividend of $0.041 per share. This represents a dividend yield of 124.0%. The ex-dividend date was Monday, June 2nd.

Carrefour Company Profile

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.