Short Interest in B&M European Value Retail S.A. (OTCMKTS:BMRRY) Drops By 61.9%

Posted by James Nelson on Mar 29th, 2024

B&M European Value Retail S.A. (OTCMKTS:BMRRY – Get Free Report) was the recipient of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 1,600 shares, a decline of 61.9% from the February 29th total of 4,200 shares. Based on an average daily volume of 29,000 shares, the days-to-cover ratio is presently 0.1 days.

B&M European Value Retail Price Performance

OTCMKTS:BMRRY traded up $0.08 during trading hours on Friday, reaching $27.60. The company had a trading volume of 12,226 shares, compared to its average volume of 13,222. B&M European Value Retail has a 1-year low of $22.51 and a 1-year high of $30.98. The business’s 50 day moving average price is $26.71 and its 200-day moving average price is $27.51. The company has a current ratio of 1.37, a quick ratio of 0.40 and a debt-to-equity ratio of 2.52.

B&M European Value Retail Increases Dividend

The company also recently declared a dividend, which was paid on Monday, February 26th. Investors of record on Monday, January 22nd were given a dividend of $0.8152 per share. This is a boost from B&M European Value Retail’s previous dividend of $0.14. The ex-dividend date was Friday, January 19th.

About B&M European Value Retail

(Get Free Report)

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.