Carrefour SA (OTCMKTS:CRRFY) Short Interest Down 54.1% in May

Carrefour SA (OTCMKTS:CRRFY - Get Free Report) saw a large drop in short interest in May. As of May 31st, there was short interest totalling 152,400 shares, a drop of 54.1% from the May 15th total of 332,000 shares. Currently, 0.0% of the company's stock are short sold. Based on an average trading volume of 427,100 shares, the days-to-cover ratio is presently 0.4 days.

Analyst Upgrades and Downgrades

Separately, Barclays restated an "overweight" rating on shares of Carrefour in a research note on Wednesday, April 16th.

Carrefour Price Performance

CRRFY traded up $0.02 during trading hours on Friday, hitting $3.00. The company's stock had a trading volume of 255,663 shares, compared to its average volume of 642,486. The business's 50-day moving average price is $3.11 and its 200-day moving average price is $2.91. Carrefour has a 12 month low of $2.53 and a 12 month high of $3.62. The company has a current ratio of 0.85, a quick ratio of 0.60 and a debt-to-equity ratio of 0.68.

Carrefour Cuts Dividend

The business also recently announced a dividend, which will be paid on Tuesday, June 24th. Stockholders of record on Tuesday, June 3rd will be paid a dividend of $0.041 per share. This represents a dividend yield of 1.24%. The ex-dividend date of this dividend is 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.