Short Interest in Carrefour SA (OTCMKTS:CRRFY) Decreases By 52.4%

Key Points

• Short interest in Carrefour SA decreased by 52.4% in September, falling from 149,900 shares to 71,400 shares as of September 15th.
• The days-to-cover ratio for Carrefour's stock is currently 0.2 days, based on an average daily trading volume of 372,100 shares.
• Carrefour's stock price was $3.12 after trading up $0.01, with a 52-week low of $2.53 and a high of $3.46.

Carrefour SA (OTCMKTS:CRRFY - ) was the target of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 71,400 shares, a drop of 52.4% from the August 31st total of 149,900 shares. Based on an average daily trading volume, of 372,100 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 372,100 shares, the days-to-cover ratio is presently 0.2 days.

Carrefour Price Performance

CRRFY stock traded up $0.01 during trading on Friday, hitting $3.12. 37,818 shares of the company's stock were exchanged, compared to its average volume of 468,352. The business has a 50-day moving average price of $2.97 and a two-hundred day moving average price of $3.00. Carrefour has a 52-week low of $2.53 and a 52-week high of $3.46.

About Carrefour

Carrefour SA engages in the operation of stores that offer food and non-food products in various formats and channels in France, Spain, Italy, Belgium, Poland, Romania, Brazil, and Argentina, as well as in the Middle East, Africa, and Asia. The company operates hypermarkets, supermarkets, convenience stores, club stores, and cash and carry stores; e-commerce sites; and service stations.

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