B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) Sees Significant Increase in Short Interest

Key Points

• Short interest increased to 85 shares as of October 15, representing approximately 0.0% of shares outstanding and a short-interest ratio of 0.0 days based on average daily volume.
• Analyst sentiment remains cautious: five analysts rate B&M European Value Retail “Hold” and one rates it “Sell,” resulting in a consensus rating of “Reduce.”
• The stock traded up 0.5% to open at $14.60, near its 52-week high of $15.19; its 50-day and 200-day moving averages were $13.44 and $10.88, respectively.

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY - Get Free Report) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 85 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily volume of 6,780 shares, the short-interest ratio is currently 0.0 days.

Analysts Set New Price Targets

BMRRY has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft upgraded B&M European Value Retail from a "sell" rating to a "hold" rating in a report on Thursday, July 16th. Jefferies Financial Group reissued a "hold" rating on shares of B&M European Value Retail in a research note on Wednesday, October 21st. Panmure Gordon downgraded B&M European Value Retail to a "hold" rating in a research note on Wednesday, July 15th. Zacks Research upgraded B&M European Value Retail from a "strong sell" rating to a "hold" rating in a research report on Wednesday, July 29th. Finally, Citigroup reaffirmed a "neutral" rating on shares of B&M European Value Retail in a research note on Thursday, July 16th. Five investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, B&M European Value Retail has a consensus rating of "Reduce".

B&M European Value Retail Trading Up 0.5%

BMRRY opened at $14.60 on Friday. B&M European Value Retail has a 52-week low of $8.11 and a 52-week high of $15.19. The company has a current ratio of 1.42, a quick ratio of 0.48 and a debt-to-equity ratio of 2.78. The stock has a 50-day moving average of $13.44 and a 200-day moving average of $10.88.

B&M European Value Retail Company Profile

B&M European Value Retail plc is a discount retailer serving customers in the United Kingdom and France. The company operates under the B&M brand in the United Kingdom and France, offering a broad range of products at value-focused prices, including groceries, household goods, home furnishings, garden products, toys, do-it-yourself supplies, and seasonal merchandise.

In the United Kingdom, the group also operates Heron Foods, a discount food retailer focused on frozen, chilled, and ambient groceries.

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