Rexel S.A. (OTCMKTS:RXEEY – Get Free Report) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totalling 100 shares, a decline of 88.9% from the May 31st total of 900 shares. Based on an average daily trading volume, of 3,700 shares, the short-interest ratio is currently 0.0 days.
Rexel Trading Down 4.1 %
Shares of OTCMKTS RXEEY traded down $1.11 during trading on Friday, reaching $25.72. The company had a trading volume of 838 shares, compared to its average volume of 5,139. The company’s fifty day moving average price is $28.57 and its 200-day moving average price is $27.27. Rexel has a 12 month low of $19.47 and a 12 month high of $31.35.
Rexel Announces Dividend
The firm also recently disclosed an annual dividend, which was paid on Monday, June 3rd. Stockholders of record on Tuesday, May 14th were paid a $1.281 dividend. This represents a dividend yield of 4.72%. The ex-dividend date of this dividend was Monday, May 13th. Rexel’s dividend payout ratio is 78.33%.
Rexel Company Profile
Rexel SA, together with its subsidiaries, engages in distribution of low and ultra-low voltage electrical products and services for the residential, commercial, and industrial markets in France, Europe, North America, and Asia-Pacific. The company offers smart cameras, sensors, controllers, and monitoring software; light sources, lights, and control switches; climate control products, including heat pumps, air conditioning, and water heaters; fire alarms, surveillance equipment, access controls devices, and emergency lightings; and connection cables, and switches and routers, as well as enclosures, mounts, and racks.
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