B&M European Value Retail S.A. (OTCMKTS:BMRRY) Sees Significant Drop in Short Interest

B&M European Value Retail S.A. (OTCMKTS:BMRRY - Get Free Report) saw a significant decline in short interest during the month of May. As of May 15th, there was short interest totalling 2,600 shares, a decline of 87.5% from the April 30th total of 20,800 shares. Based on an average trading volume of 28,800 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Analysts Set New Price Targets

A number of research firms recently weighed in on BMRRY. Berenberg Bank raised B&M European Value Retail to a "strong-buy" rating in a report on Friday, April 11th. The Goldman Sachs Group cut B&M European Value Retail from a "strong-buy" rating to a "hold" rating in a report on Monday, February 24th. Barclays upgraded shares of B&M European Value Retail to a "strong-buy" rating in a research report on Thursday. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of B&M European Value Retail in a research report on Wednesday, April 16th.

B&M European Value Retail Stock Performance

Shares of OTCMKTS BMRRY traded up $0.12 during midday trading on Friday, hitting $18.33. The stock had a trading volume of 6,748 shares, compared to its average volume of 63,515. B&M European Value Retail has a fifty-two week low of $12.92 and a fifty-two week high of $28.45. The company has a quick ratio of 0.23, a current ratio of 1.06 and a debt-to-equity ratio of 2.58. The company's 50-day simple moving average is $16.69 and its 200 day simple moving average is $16.43.

About B&M European Value Retail

B&M European Value Retail SA operates general merchandise and grocery stores. The company operates a chain of stores under the B&M, Heron Foods, and B&M Express in the United Kingdom; and stores under the B&M brand in France. It also provides property management services. The company was founded in 1978 and is based in Munsbach, Luxembourg.