Rémy Cointreau's Stock Breathes After a 21% Rebound in Three Months

Contained Consolidation After Several Sessions of Marked Increase

Rémy Cointreau's stock is down 0.09% at €44.16 during the session, in a CAC 40 that is almost stable (+0.05%). The decline is minor considering the recent performance: the stock has gained 7.6% over a month and nearly 21% over three months, notably driven by the publication of annual accounts in early June and the RC Forward transformation plan. Today's movement appears to be a simple technical breather: the price is well above its MM20 (€41.53, a gap of +6.3%) and is now facing resistance identified at €44.98, already tested last week during the breakthrough reported in last week's dynamics. The RSI at 62 remains in a neutral zone, without immediate signs of exhaustion. Over one year, the stock still shows a decline of 6.3%, a reminder of the severe downturn faced by exporters of spirits: the FEVS reported a 10.9% decline in the value of cognac exports in the 2024 report.

High Short Positions Despite Easing Over Thirty Days

Beyond the stock movement, the bearish bet on the stock remains substantial. According to reviewed statements, five funds accumulate a net short position of 5.38% of the capital, a level that remains high compared to Parisian market standards. However, the pressure has slightly eased: the cumulative has decreased by 0.50 points over thirty days, after having reached 5.88% a month earlier. This configuration reflects the continuation of significant institutional mistrust, without recent acceleration. The contrast with the stock's trajectory over the past few weeks suggests a start of gradual coverage, rather than a clear reversal of sentiment. The €44.98 zone remains the technical level to watch at close.