Oui, c'est cela.
However, I have to admit it's one of many things I've never seen in person, gun-wise. I suspect the reason is there simply weren't all that many made. It was presumably for airborne use, although American weapons were widely used by the French during that period, particularly M1 carbines, which in fact, other armies used as well. I'll bet the MAS-36 folding stock carbine was easily as pleasant to shoot as a Model 38 Mosin-Nagant.
Someone said they didn't think the rear sight was adjustable. I had one for a while and I'm pretty sure it was adjustable, although my memory of it is not particularly vivid. I do remember the peep sight being on the very small side.
Another form of rifle that, in theory, should be around in greater numbers is a Mauser cavalry carbine. Not the short rifle but the carbine. But I think they're all of WWI or earlier manufacture, since that sort of weapons kind of went out of fashion around that time, being replaced by the all-purpose short rifle. In any case, I think I've seen a grand total of one.
Shoot low, sheriff. They're riding Shetlands!
Underneath the starry flag, civilize 'em with a Krag,
and return us to our own beloved homes!
Buy War Bonds.