Fossil Group, Inc. 7% Senior Notes due 2026 (NASDAQ:FOSLL) Sees Significant Drop in Short Interest

Fossil Group, Inc. 7% Senior Notes due 2026 (NASDAQ:FOSLL) was the target of a significant drop in short interest in February. As of February 28th, there was short interest totalling 2,400 shares, a drop of 33.3% from the February 13th total of 3,600 shares. Based on an average trading volume of 93,900 shares, the short-interest ratio is presently 0.0 days.

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

Shares of Fossil Group, Inc. 7% Senior Notes due 2026 stock traded up $0.60 during trading on Friday, hitting $15.35. The stock had a trading volume of 25,351 shares, compared to its average volume of 66,575. The stock has a 50 day simple moving average of $14.23 and a 200 day simple moving average of $13.91. Fossil Group, Inc. 7% Senior Notes due 2026 has a 1 year low of $9.00 and a 1 year high of $15.49.

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

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Saturday, February 15th were given a $0.4375 dividend. This represents a $1.75 annualized dividend and a dividend yield of 11.40%. The ex-dividend date was Friday, February 14th.

About Fossil Group, Inc. 7% Senior Notes due 2026

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.