Samsonite International S.A. (OTCMKTS:SMSEY) Short Interest Up 372.3% in July

Samsonite International S.A. (OTCMKTS:SMSEY) was the target of a significant growth in short interest in the month of July. As of July 15th, there was short interest totalling 22,200 shares, a growth of 372.3% from the June 30th total of 4,700 shares. Based on an average trading volume of 15,300 shares, the days-to-cover ratio is presently 1.5 days.

Samsonite International Trading Down 4.1 %

Samsonite International stock traded down $0.54 during trading hours on Friday, reaching $12.82. 1,568 shares of the company’s stock traded hands, compared to its average volume of 10,316. The firm has a market capitalization of $3.75 billion, a price-to-earnings ratio of 8.84 and a beta of 0.49. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.98 and a current ratio of 1.59. Samsonite International has a fifty-two week low of $12.65 and a fifty-two week high of $20.06. The firm’s 50 day moving average is $15.08 and its 200-day moving average is $16.33.

Samsonite International (OTCMKTS:SMSEY) last posted its quarterly earnings results on Tuesday, May 14th. The company reported $0.30 earnings per share for the quarter. Samsonite International had a net margin of 11.55% and a return on equity of 28.81%. The business had revenue of $859.60 million during the quarter. On average, analysts predict that Samsonite International will post 1.35 earnings per share for the current year.

Samsonite International Dividend Announcement

The business also recently declared a dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Wednesday, June 12th will be given a $0.3895 dividend. The ex-dividend date is Wednesday, June 12th. Samsonite International’s dividend payout ratio is currently 26.21%.

About Samsonite International

Samsonite International SA engages in the design, manufacture, sourcing, and distribution of travel luggage bags in North America, Asia, Europe, and Latin America. The company offers luggage, business, computer, outdoor, casual, and women's bags; and travel accessories and slim protective cases for personal electronic devices primarily under the Samsonite, Tumi, American Tourister, Speck, High Sierra, Gregory, Lipault, Kamiliant, Hartmann, and eBags brands, as well as other owned and licensed brand names.