Mowi ASA (OTCMKTS:MHGVY) Short Interest Update

Mowi ASA (OTCMKTS:MHGVY) was the recipient of a significant drop in short interest in February. As of February 15th, there was short interest totalling 2,000 shares, a drop of 25.9% from the January 31st total of 2,700 shares. Based on an average daily trading volume, of 43,300 shares, the short-interest ratio is presently 0.0 days.

Mowi ASA Stock Down 2.5 %

Shares of Mowi ASA stock traded down $0.46 during trading hours on Tuesday, reaching $17.83. The company’s stock had a trading volume of 21,498 shares, compared to its average volume of 25,194. Mowi ASA has a one year low of $15.89 and a one year high of $20.63. The company has a market capitalization of $9.22 billion, a P/E ratio of 25.47, a P/E/G ratio of 2.45 and a beta of 1.34. The stock’s fifty day simple moving average is $18.54 and its two-hundred day simple moving average is $18.06. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.79 and a current ratio of 3.13.

Mowi ASA (OTCMKTS:MHGVY) last announced its earnings results on Wednesday, February 12th. The company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.25 by $0.08. Mowi ASA had a net margin of 8.92% and a return on equity of 13.65%. On average, research analysts forecast that Mowi ASA will post 0.95 earnings per share for the current year.

Mowi ASA Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, March 10th. Investors of record on Monday, February 24th will be issued a dividend of $0.1773 per share. The ex-dividend date is Monday, February 24th. This is an increase from Mowi ASA’s previous dividend of $0.14. Mowi ASA’s dividend payout ratio (DPR) is 54.08%.

About Mowi ASA

Mowi ASA, a seafood company, farms, produces, and supplies Atlantic salmon products worldwide. It operates through three segments: Feed, Farming, and Sales and Marketing. The company is involved in the salmon feed production, salmon farming and primary processing, and seafood secondary processing activities.