B&M European Value Retail S.A. (OTCMKTS:BMRRY) Short Interest Up 258.1% in April

B&M European Value Retail S.A. (OTCMKTS:BMRRY - Get Free Report) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 30,800 shares, an increase of 258.1% from the March 31st total of 8,600 shares. Based on an average daily trading volume, of 401,800 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company's shares are sold short.

B&M European Value Retail Price Performance

Shares of OTCMKTS BMRRY traded up $0.28 during mid-day trading on Friday, reaching $18.15. The company had a trading volume of 29,936 shares, compared to its average volume of 75,985. The company has a current ratio of 1.06, a quick ratio of 0.23 and a debt-to-equity ratio of 2.58. B&M European Value Retail has a twelve month low of $12.92 and a twelve month high of $28.45. The stock's 50 day moving average is $14.95 and its 200-day moving average is $16.79.

Analysts Set New Price Targets

Several research analysts have recently weighed in on BMRRY shares. Berenberg Bank raised shares of B&M European Value Retail to a "strong-buy" rating in a research report on Friday, April 11th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of B&M European Value Retail in a research note on Wednesday, April 16th. Finally, The Goldman Sachs Group lowered B&M European Value Retail from a "strong-buy" rating to a "hold" rating in a research report on Monday, February 24th.

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.