Short Interest in B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) Declines By 63.6%

Key Points

• Short interest in B&M European Value Retail SA declined by 63.6% in August, dropping to 800 shares from 2,200 shares.
• The company's stock recently saw a modest price decrease of 0.3%, with a trading range over the past year from a low of $11.46 to a high of $22.82.
• Barclays upgraded the stock to a "strong-buy" rating, contributing to an average analyst rating of "Buy" from four analysts.

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY - Get Free Report) was the target of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 800 shares, a decrease of 63.6% from the August 15th total of 2,200 shares. Approximately 0.0% of the company's stock are short sold. Based on an average trading volume of 14,700 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 14,700 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company's stock are short sold.

B&M European Value Retail Trading Down 0.3%

OTCMKTS:BMRRY opened at $13.06 on Friday. B&M European Value Retail has a 52-week low of $11.46 and a 52-week high of $22.82. The stock has a fifty day moving average of $12.68 and a 200 day moving average of $14.63. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.35 and a quick ratio of 0.46.

B&M European Value Retail Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, August 15th. Investors of record on Monday, June 30th were issued a dividend of $0.3973 per share. This represents a yield of 806.0%. The ex-dividend date was Friday, June 27th.

Analyst Ratings Changes

Separately, Barclays raised B&M European Value Retail to a "strong-buy" rating in a research report on Thursday, May 29th. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Buy".

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.

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