Mowi ASA (OTCMKTS:MHGVY) Short Interest Update

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

Mowi ASA Price Performance

Mowi ASA stock traded down $0.46 during midday trading on Tuesday, reaching $17.83. 21,498 shares of the stock were exchanged, compared to its average volume of 25,194. The company’s fifty day moving average is $18.54 and its 200-day 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. The firm has a market cap of $9.22 billion, a PE ratio of 25.47, a PEG ratio of 2.45 and a beta of 1.34. Mowi ASA has a 52 week low of $15.89 and a 52 week high of $20.63.

Mowi ASA (OTCMKTS:MHGVY) last posted its earnings results on Wednesday, February 12th. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates 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, sell-side analysts forecast that Mowi ASA will post 0.95 EPS for the current year.

Mowi ASA Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, March 10th. Shareholders of record on Monday, February 24th will be paid a $0.1773 dividend. The ex-dividend date is Monday, February 24th. This is a boost from Mowi ASA’s previous dividend of $0.14. Mowi ASA’s payout ratio is currently 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.