Fossil Group, Inc. 7% Senior Notes due 2026 (NASDAQ:FOSLL) Sees Significant Decline in Short Interest

Fossil Group, Inc. 7% Senior Notes due 2026 (NASDAQ:FOSLL) was the target of a significant drop in short interest in June. As of June 30th, there was short interest totalling 35,300 shares, a drop of 26.2% from the June 15th total of 47,800 shares. Based on an average trading volume of 16,200 shares, the short-interest ratio is presently 2.2 days.

Hedge Funds Weigh In On Fossil Group, Inc. 7% Senior Notes due 2026

An institutional investor recently bought a new position in Fossil Group, Inc. 7% Senior Notes due 2026 stock. Cohanzick Management LLC purchased a new stake in Fossil Group, Inc. 7% Senior Notes due 2026 (NASDAQ:FOSLL) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 338,530 shares of the company’s stock, valued at approximately $4,756,000. Fossil Group, Inc. 7% Senior Notes due 2026 accounts for about 2.9% of Cohanzick Management LLC’s portfolio, making the stock its 5th largest position.

Fossil Group, Inc. 7% Senior Notes due 2026 Trading Up 0.4 %

Shares of NASDAQ FOSLL opened at $11.93 on Monday. Fossil Group, Inc. 7% Senior Notes due 2026 has a 12-month low of $9.00 and a 12-month high of $18.34. The business’s fifty day simple moving average is $12.01 and its 200-day simple moving average is $11.81.

Fossil Group, Inc. 7% Senior Notes due 2026 Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 31st. Investors of record on Wednesday, May 15th were issued a $0.4375 dividend. This represents a $1.75 annualized dividend and a yield of 14.67%. The ex-dividend date of this dividend was Tuesday, May 14th.

About Fossil Group, Inc. 7% Senior Notes due 2026

fossil group, inc. is a global design, marketing, distribution and innovation company specializing in lifestyle accessories. under a diverse portfolio of owned and licensed brands, our offerings include fashion watches, jewelry, handbags, small leather goods and wearables. with our newest owned brand, misfit, we’re bringing style and technology to the high-growth connected space.