Rémy Cointreau SA (OTCMKTS:REMYY) Sees Large Increase in Short Interest

Rémy Cointreau SA (OTCMKTS:REMYY) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 23,000 shares, an increase of 22.3% from the December 31st total of 18,800 shares. Based on an average daily trading volume, of 34,800 shares, the days-to-cover ratio is currently 0.7 days.

Rémy Cointreau Stock Performance

OTCMKTS REMYY opened at $5.63 on Monday. Rémy Cointreau has a 52-week low of $5.35 and a 52-week high of $10.96. The company has a 50-day simple moving average of $5.98 and a 200 day simple moving average of $6.68.

Rémy Cointreau Company Profile

Rémy Cointreau SA, together with its subsidiaries, engages in the production, sale, and distribution of liqueurs and spirits. It operates through Rémy Martin, Liqueurs & Spirits, and Partner Brands segments. The company offers cognacs, liqueurs, single malt whiskies, gins, rums, brandies, wines, and champagnes primarily under the Cointreau, Metaxa, St-Rémy, Mount Gay, Bruichladdich, The Botanist, Westland, Le Domaine des Hautes Glaces, Belle de Brillet, Telmont, Port Charlotte, Octomore, Rémy Martin, and LOUIS XIII brands.