Compagnie de Saint-Gobain S.A. (OTCMKTS:CODYY) Sees Large Increase in Short Interest

Compagnie de Saint-Gobain S.A. (OTCMKTS:CODYY) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totalling 126,300 shares, an increase of 9.8% from the June 30th total of 115,000 shares. Based on an average trading volume of 368,900 shares, the short-interest ratio is currently 0.3 days.

Compagnie de Saint-Gobain Price Performance

Shares of Compagnie de Saint-Gobain stock traded down $0.45 on Tuesday, reaching $16.88. 85,119 shares of the company’s stock were exchanged, compared to its average volume of 224,586. Compagnie de Saint-Gobain has a 52 week low of $10.30 and a 52 week high of $18.04. The firm’s 50-day moving average is $16.74 and its two-hundred day moving average is $15.79.

Compagnie de Saint-Gobain Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, June 27th. Shareholders of record on Friday, June 7th were paid a $0.3345 dividend. This is an increase from Compagnie de Saint-Gobain’s previous dividend of $0.32. The ex-dividend date was Friday, June 7th. Compagnie de Saint-Gobain’s dividend payout ratio (DPR) is 55.83%.

Compagnie de Saint-Gobain Company Profile

Compagnie de Saint-Gobain SA designs, manufactures, and distributes materials and solutions for the construction and industrial markets worldwide. It operates through five segments: High Performance Solutions; Northern Europe; Southern Europe Middle East (ME) & Africa; Americas; and Asia-Pacific.