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

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 50 shares, a growth of ? from the May 31st total of 0 shares. Based on an average daily volume of 14,277 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on BMRRY shares. Deutsche Bank Aktiengesellschaft reiterated a “sell” rating on shares of B&M European Value Retail in a report on Wednesday, June 10th. Sanford C. Bernstein started coverage on shares of B&M European Value Retail in a research note on Friday, May 15th. They set an “underperform” rating for the company. Finally, Citigroup restated a “neutral” rating on shares of B&M European Value Retail in a research report on Thursday, June 11th. Two equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, B&M European Value Retail has an average rating of “Reduce”.

B&M European Value Retail Trading Down 3.1%

Shares of BMRRY stock opened at $10.32 on Wednesday. B&M European Value Retail has a 12 month low of $8.11 and a 12 month high of $15.79. The stock has a 50 day moving average of $9.66 and a two-hundred day moving average of $9.42. The company has a current ratio of 1.42, a quick ratio of 0.48 and a debt-to-equity ratio of 2.78.

B&M European Value Retail Company Profile

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.