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

Key Points

• Carrefour SA experienced a significant increase in short interest for August, rising by 177.5% to 179,000 shares compared to 64,500 shares in July.
• The company's short-interest ratio is currently at 0.8 days based on an average daily trading volume of 229,200 shares.
• Carrefour's stock opened at $2.89, demonstrating a current ratio of 0.88 and a debt-to-equity ratio of 0.78.

Carrefour SA (OTCMKTS:CRRFY - Get Free Report) saw a significant growth in short interest in August. As of August 15th, there was short interest totaling 179,000 shares, agrowthof177.5% from the July 31st total of 64,500 shares. Based on an average daily volume of 229,200 shares, the short-interest ratio is currently 0.8 days. Based on an average daily volume of 229,200 shares, the short-interest ratio is currently 0.8 days.

Carrefour Price Performance

Shares of CRRFY stock remained flat at $2.92 during trading hours on Tuesday. 22,075 shares of the stock were exchanged, compared to its average volume of 492,893. Carrefour has a 12 month low of $2.53 and a 12 month high of $3.62. The business has a fifty day moving average price of $2.95 and a two-hundred day moving average price of $2.97. The company has a current ratio of 0.88, a quick ratio of 0.63 and a debt-to-equity ratio of 0.78.

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.