Samsonite International S.A. (OTCMKTS:SMSEY) Short Interest Down 23.3% in November

Samsonite International S.A. (OTCMKTS:SMSEY) was the target of a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 35,900 shares, a decrease of 23.3% from the November 15th total of 46,800 shares. Based on an average daily volume of 15,500 shares, the short-interest ratio is presently 2.3 days.

Analyst Ratings Changes

Separately, The Goldman Sachs Group upgraded Samsonite International to a “strong-buy” rating in a report on Sunday, December 8th.

Samsonite International Price Performance

OTCMKTS:SMSEY remained flat at $13.92 during midday trading on Friday. The company had a trading volume of 67 shares, compared to its average volume of 7,774. Samsonite International has a 52 week low of $10.68 and a 52 week high of $20.06. The stock has a market capitalization of $3.93 billion, a P/E ratio of 11.51 and a beta of 0.56. The company’s 50 day simple moving average is $12.52 and its 200-day simple moving average is $13.22. The company has a quick ratio of 1.07, a current ratio of 1.61 and a debt-to-equity ratio of 1.11.

About Samsonite International

Samsonite International SA engages in the design, manufacture, sourcing, and distribution of travel luggage bags in North America, Asia, Europe, and Latin America. The company offers luggage, business, computer, outdoor, casual, and women's bags; and travel accessories and slim protective cases for personal electronic devices primarily under the Samsonite, Tumi, American Tourister, Speck, High Sierra, Gregory, Lipault, Kamiliant, Hartmann, and eBags brands, as well as other owned and licensed brand names.