B&M European Value Retail S.A. (OTCMKTS:BMRRY) Sees Significant Drop in Short Interest

B&M European Value Retail S.A. (OTCMKTS:BMRRY) saw a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 100 shares, a drop of 66.7% from the February 13th total of 300 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 56,300 shares, the days-to-cover ratio is presently 0.0 days.

B&M European Value Retail Stock Performance

BMRRY stock opened at $14.07 on Thursday. The business has a 50 day moving average of $15.52 and a 200 day moving average of $18.62. B&M European Value Retail has a twelve month low of $12.92 and a twelve month high of $28.47. The company has a quick ratio of 0.23, a current ratio of 1.06 and a debt-to-equity ratio of 2.58.

B&M European Value Retail Increases Dividend

The company also recently declared a dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, January 21st were paid a $0.7385 dividend. This is a boost from B&M European Value Retail’s previous dividend of $0.37. The ex-dividend date of this dividend was Tuesday, January 21st.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group lowered shares of B&M European Value Retail from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 24th.

About B&M European Value Retail

B&M European Value Retail SA operates general merchandise and grocery stores. The company operates a chain of stores under the B&M, Heron Foods, and B&M Express in the United Kingdom; and stores under the B&M brand in France. It also provides property management services. The company was founded in 1978 and is based in Munsbach, Luxembourg.