Credit Agricole SA (OTCMKTS:CRARY) Sees Large Growth in Short Interest

Credit Agricole SA (OTCMKTS:CRARY) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 4,241 shares, an increase of 4,509.8% from the June 15th total of 92 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 665,952 shares, the days-to-cover ratio is currently 0.0 days.

Credit Agricole Stock Performance

Shares of OTCMKTS:CRARY traded up $0.07 on Friday, reaching $9.95. 57,068 shares of the company’s stock were exchanged, compared to its average volume of 229,655. The firm has a market capitalization of $60.22 billion, a price-to-earnings ratio of 8.23 and a beta of 0.66. Credit Agricole has a fifty-two week low of $8.80 and a fifty-two week high of $11.33. The business’s 50-day moving average is $9.77 and its two-hundred day moving average is $10.02. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 5.79.

Credit Agricole (OTCMKTS:CRARY) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.29 by $0.01. Credit Agricole had a net margin of 24.36% and a return on equity of 24.26%. The business had revenue of $8.18 billion during the quarter, compared to analyst estimates of $8.25 billion. As a group, equities research analysts forecast that Credit Agricole will post 1.31 EPS for the current year.

Credit Agricole Company Profile

Crédit Agricole (OTCMKTS:CRARY) is a major French banking group that provides a broad range of financial services to retail, corporate and institutional clients. Headquartered in France, the group combines a large domestic retail banking franchise with international wholesale banking, asset management, insurance and specialized financial services. Its operations are organized through a network of regional cooperative banks together with a centrally managed listed entity that coordinates group strategy and capital markets activities.

The company’s core businesses include retail and commercial banking products such as current accounts, savings, mortgages, consumer loans and payment services delivered through its regional bank network and retail subsidiaries.