Crédit Agricole S.A. (OTCMKTS:CRARY) Sees Large Increase in Short Interest

Crédit Agricole S.A. (OTCMKTS:CRARY) was the target of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 44,500 shares, an increase of 245.0% from the October 31st total of 12,900 shares. Based on an average daily trading volume, of 461,800 shares, the short-interest ratio is presently 0.1 days.

Crédit Agricole Price Performance

Shares of OTCMKTS CRARY traded up $0.14 during trading hours on Friday, hitting $6.68. 287,163 shares of the stock were exchanged, compared to its average volume of 186,300. The company’s 50 day moving average is $7.33 and its 200 day moving average is $7.48. The firm has a market capitalization of $40.63 billion, a P/E ratio of 6.36 and a beta of 1.46. Crédit Agricole has a one year low of $6.43 and a one year high of $8.65.

Crédit Agricole (OTCMKTS:CRARY) last released its earnings results on Wednesday, November 6th. The company reported $0.27 EPS for the quarter. The firm had revenue of $7.13 billion during the quarter. Crédit Agricole had a net margin of 23.40% and a return on equity of 7.69%. Research analysts anticipate that Crédit Agricole will post 1.16 earnings per share for the current fiscal year.

About Crédit Agricole

Crédit Agricole SA provides retail, corporate, insurance, and investment banking products and services in France and internationally. It operates through French Retail Banking Regional Banks; French Retail Banking – LCL; International Retail Banking; Asset Gathering; Large Customers; and Specialised Financial Services segments.