Credit Agricole SA (OTCMKTS:CRARY) Sees Significant Drop in Short Interest

Credit Agricole SA (OTCMKTS:CRARY - Get Free Report) was the recipient of a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 59,700 shares, a decrease of 32.4% from the May 15th total of 88,300 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 350,500 shares, the days-to-cover ratio is presently 0.2 days.

Credit Agricole Price Performance

OTCMKTS:CRARY traded down $0.21 on Friday, reaching $8.89. The stock had a trading volume of 161,719 shares, compared to its average volume of 293,248. The stock has a fifty day moving average price of $9.34 and a 200-day moving average price of $8.31. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 5.92. Credit Agricole has a 1-year low of $6.44 and a 1-year high of $10.20. The company has a market capitalization of $53.80 billion, a P/E ratio of 7.73 and a beta of 1.04.

Credit Agricole (OTCMKTS:CRARY - Get Free Report) last posted its earnings results on Friday, May 2nd. The company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.01). The business had revenue of $7.63 billion for the quarter, compared to the consensus estimate of $7.18 billion. Credit Agricole had a return on equity of 25.22% and a net margin of 25.37%.

Credit Agricole Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, June 12th. Stockholders of record on Monday, May 26th were paid a $0.4286 dividend. The ex-dividend date of this dividend was Friday, May 23rd. This represents a dividend yield of 4.38%. Credit Agricole's payout ratio is currently 34.78%.

About Credit Agricole

Crédit Agricole SA provides retail, corporate, insurance, and investment banking products and services in France and internationally. It operates through French Retail Banking Regional Banks; French Retail Banking - LCL; International Retail Banking; Asset Gathering; Large Customers; and Specialised Financial Services segments.