Fuchs SE (OTCMKTS:FUPBY) Sees Significant Growth in Short Interest

Fuchs SE (OTCMKTS:FUPBY) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totalling 1,700 shares, an increase of 183.3% from the May 31st total of 600 shares. Based on an average daily trading volume, of 4,600 shares, the days-to-cover ratio is presently 0.4 days.

Fuchs Price Performance

FUPBY traded up $0.02 during trading on Thursday, hitting $11.40. The company’s stock had a trading volume of 2,121 shares, compared to its average volume of 3,608. Fuchs has a twelve month low of $8.95 and a twelve month high of $12.68. The firm’s 50 day moving average price is $11.83 and its 200-day moving average price is $11.48. The company has a current ratio of 2.08, a quick ratio of 1.23 and a debt-to-equity ratio of 0.02.

Fuchs (OTCMKTS:FUPBY) last released its earnings results on Tuesday, April 30th. The company reported $0.16 earnings per share for the quarter. Fuchs had a return on equity of 16.08% and a net margin of 7.82%. The firm had revenue of $952.20 million for the quarter. As a group, equities research analysts anticipate that Fuchs will post 0.64 earnings per share for the current year.

Fuchs Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, May 28th. Shareholders of record on Friday, May 10th were paid a dividend of $0.1953 per share. The ex-dividend date of this dividend was Thursday, May 2nd. This is an increase from Fuchs’s previous dividend of $0.19.

About Fuchs

Fuchs SE develops, produces, and sells lubricants and related specialties in Europe, the Middle East, Africa, the Asia Pacific, and North and South America. The company offers automotive lubricants, such as biodegradable lubricants, central and mobile hydraulic oils, dry coatings, engine and gear oils, motorcycle/two wheelers, and service fluids, as well as various oils for agriculture sector.