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

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 recipient 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. Based on an average daily trading volume, of 14,700 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 14,700 shares, the short-interest ratio is presently 0.1 days.

B&M European Value Retail Stock Up 0.6%

OTCMKTS:BMRRY traded up $0.09 during trading hours on Thursday, reaching $13.78. 3,040 shares of the company were exchanged, compared to its average volume of 51,970. The company has a debt-to-equity ratio of 2.95, a quick ratio of 0.46 and a current ratio of 1.35. The stock's 50-day moving average is $12.62 and its 200-day moving average is $14.61. B&M European Value Retail has a twelve month low of $11.46 and a twelve month high of $22.82.

Wall Street Analyst Weigh In

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

B&M European Value Retail Company Profile

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.