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) saw a significant decrease in short interest in the month of June. As of June 30th, there was short interest totalling 35,300 shares, a decrease of 26.2% from the June 15th total of 47,800 shares. Based on an average daily volume of 16,200 shares, the short-interest ratio is currently 2.2 days.

Institutional Investors 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 shares of Fossil Group, Inc. 7% Senior Notes due 2026 (NASDAQ:FOSLL) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 338,530 shares of the company’s stock, valued at approximately $4,756,000. Fossil Group, Inc. 7% Senior Notes due 2026 makes up approximately 2.9% of Cohanzick Management LLC’s investment portfolio, making the stock its 5th biggest position.

Fossil Group, Inc. 7% Senior Notes due 2026 Price Performance

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

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

The business also recently announced a quarterly dividend, which was paid on Friday, May 31st. Shareholders 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.

Fossil Group, Inc. 7% Senior Notes due 2026 Company Profile

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.