Rémy Cointreau SA (OTCMKTS:REMYY) Sees Significant Drop in Short Interest

Rémy Cointreau SA (OTCMKTS:REMYY) was the recipient of a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 16,200 shares, a decline of 29.6% from the December 31st total of 23,000 shares. Based on an average daily trading volume, of 46,900 shares, the short-interest ratio is presently 0.3 days.

Rémy Cointreau Trading Up 2.3 %

Shares of REMYY stock opened at $5.82 on Friday. Rémy Cointreau has a 1-year low of $5.35 and a 1-year high of $10.96. The stock’s fifty day simple moving average is $5.98 and its 200-day simple moving average is $6.72.

About Rémy Cointreau

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.