Coloplast A/S (OTCMKTS:CLPBY) Short Interest Up 27.7% in October

Coloplast A/S (OTCMKTS:CLPBY) was the recipient of a significant growth in short interest in October. As of October 31st, there was short interest totalling 80,200 shares, a growth of 27.7% from the October 15th total of 62,800 shares. Based on an average daily volume of 120,000 shares, the days-to-cover ratio is presently 0.7 days.

Coloplast A/S Stock Performance

Shares of CLPBY traded down $0.10 during midday trading on Friday, reaching $12.78. 91,192 shares of the stock were exchanged, compared to its average volume of 129,191. The firm has a 50 day simple moving average of $13.12 and a 200-day simple moving average of $12.85. The company has a quick ratio of 0.56, a current ratio of 0.85 and a debt-to-equity ratio of 1.00. Coloplast A/S has a 12-month low of $10.61 and a 12-month high of $14.34.

Coloplast A/S (OTCMKTS:CLPBY) last released its quarterly earnings results on Tuesday, November 5th. The company reported $0.08 earnings per share for the quarter. The business had revenue of $1.02 billion for the quarter. Coloplast A/S had a net margin of 18.69% and a return on equity of 31.17%. On average, equities research analysts predict that Coloplast A/S will post 0.38 EPS for the current fiscal year.

Coloplast A/S Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, December 20th. Shareholders of record on Monday, December 9th will be given a dividend of $0.2435 per share. The ex-dividend date of this dividend is Monday, December 9th. This is a boost from Coloplast A/S’s previous dividend of $0.05. Coloplast A/S’s dividend payout ratio is presently 27.27%.

About Coloplast A/S

Coloplast A/S engages in the development and sale of intimate healthcare products and services in Denmark, the United States, the United Kingdom, France, and internationally. The company operates through Chronic Care, Continence Care, Voice and Respiratory Care, Interventional Urology, and Advanced Wound Care segments.