B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) Sees Significant Increase in Short Interest

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 5,121 shares, a growth of 76.1% from the November 30th total of 2,908 shares. Based on an average trading volume of 14,002 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 14,002 shares, the days-to-cover ratio is currently 0.4 days.

B&M European Value Retail Trading Down 0.1%

BMRRY stock opened at $8.63 on Friday. 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 has a twelve month low of $8.11 and a twelve month high of $18.56. The company’s 50 day moving average is $8.84 and its two-hundred day moving average is $11.67.

Analyst Upgrades and Downgrades

A number of brokerages have commented on BMRRY. Deutsche Bank Aktiengesellschaft downgraded shares of B&M European Value Retail from a “buy” rating to a “hold” rating in a research report on Wednesday, December 10th. Zacks Research downgraded shares of B&M European Value Retail from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 9th. Finally, Citigroup cut B&M European Value Retail from a “strong-buy” rating to a “hold” rating in a research note on Thursday, December 11th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, B&M European Value Retail presently has a consensus rating of “Moderate Buy”.

About B&M European Value Retail

B&M European Value Retail is a leading discount variety retailer operating primarily in the United Kingdom and France. The company’s stores offer a broad assortment of value-focused merchandise, including groceries, health and beauty products, toys, seasonal items, homewares, DIY and gardening supplies, and pet care. By sourcing products directly from manufacturers and maintaining a lean cost structure, B&M aims to deliver everyday low prices to its customers.

Headquartered in Liverpool, England, B&M traces its origins back to the late 1970s and has grown through a combination of organic expansion and strategic acquisitions.