Rémy Cointreau shares gain over 2% and climb in the SBF 120 ranking

A mid-session rebound that consolidates gains above short-term moving averages

Rémy Cointreau is gaining 2.16% to €47.26 in mid-session trading, ranking among the strongest performers in the SBF 120, in a Paris market showing modest gains (CAC 40 +0.46% in session). Today's increase brings the one-month gain to 4% and the three-month gain to over 17%, indicating a clearly positive underlying trend over the quarter. The stock is trading above its two short-term moving averages: the 20-day MA at €46.73 (spread +1.13%) and the 50-day MA at €45.28 (spread +4.37%), reflecting favorable momentum over these timeframes. The RSI at 51 remains neutral with no overbought signals, and the next identified resistance level is at €49.02, approximately 3.7% above the current price.

High but declining short positions, in a cognac sector still under pressure

According to recorded declarations, four funds cumulatively hold 4.76% of Rémy Cointreau shares sold short, a level that remains significant even though it has declined by 0.60 percentage points over thirty days (compared to 5.36% a month earlier). This decrease indicates that some investors have reduced their bearish exposure, without however signaling a massive abandonment of these positions. From a sector perspective, French cognac exports had declined 10.9% in value over the entire 2024 year, reminding that the commercial environment remains challenging for major French spirits producers.

Pernod Ricard, another sector player, is meanwhile showing more modest gains of 0.63% in session trading. The analyst consensus on the stock remains worth monitoring in this context of gradual stock market recovery, while Rémy Cointreau still shows a decline of 14.38% over one year.