Colruyt Group (OTCMKTS:CUYTY) Sees Significant Increase in Short Interest

Colruyt Group (OTCMKTS:CUYTY) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 4,900 shares, an increase of 172.2% from the September 30th total of 1,800 shares. Based on an average daily trading volume, of 2,200 shares, the days-to-cover ratio is currently 2.2 days.

Colruyt Group Stock Performance

Shares of CUYTY stock traded down $0.17 during trading hours on Friday, hitting $10.78. 434 shares of the company’s stock were exchanged, compared to its average volume of 2,103. The company has a current ratio of 1.03, a quick ratio of 0.71 and a debt-to-equity ratio of 0.26. The firm has a 50 day moving average of $12.47 and a two-hundred day moving average of $12.15. Colruyt Group has a fifty-two week low of $10.59 and a fifty-two week high of $13.15.

Colruyt Group Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, October 16th. Stockholders of record on Monday, October 7th were paid a dividend of $0.2196 per share. This is an increase from Colruyt Group’s previous dividend of $0.17. The ex-dividend date of this dividend was Monday, October 7th.

Colruyt Group Company Profile

Colruyt Group N.V., together with its subsidiaries, engages in the retail, wholesale, food service, and other activities in Belgium, France, Luxembourg, and internationally. It operates through three segments: Retail, Wholesale and Foodservice, and Other Activities. The company provides groceries, fresh products, dry products, and frozen and non-food products; and operates CNG, hydrogen filling, and charging stations.