Short Interest in L’Oréal S.A. (OTCMKTS:LRLCY) Rises By 17.5%

L’Oréal S.A. (OTCMKTS:LRLCY) saw a large increase in short interest in September. As of September 15th, there was short interest totalling 113,300 shares, an increase of 17.5% from the August 31st total of 96,400 shares. Based on an average daily volume of 526,800 shares, the short-interest ratio is presently 0.2 days.

L’Oréal Price Performance

LRLCY traded down $0.88 during trading on Monday, reaching $90.52. 190,900 shares of the company’s stock were exchanged, compared to its average volume of 133,329. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.79 and a current ratio of 1.10. The company’s fifty day simple moving average is $85.18 and its 200-day simple moving average is $90.66. L’Oréal has a 1 year low of $77.11 and a 1 year high of $100.28.

Analyst Upgrades and Downgrades

LRLCY has been the topic of a number of research reports. Jefferies Financial Group upgraded L’Oréal from an “underperform” rating to a “hold” rating in a research note on Wednesday, August 14th. BNP Paribas lowered L’Oréal from a “neutral” rating to an “underperform” rating in a research report on Tuesday, September 10th. Finally, Royal Bank of Canada upgraded L’Oréal from an “underperform” rating to a “sector perform” rating in a research report on Wednesday, July 3rd. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

About L’Oréal

L'Oréal SA, through its subsidiaries, manufactures and sells cosmetic products for women and men worldwide. The company operates through four divisions: Consumer Products, L'oréal Luxe, Professional Products, and Dermatological Beauty. It offers skincare, make-up, hair colourants, haircare, perfumes, and hygiene products.