Novozymes A/S (OTCMKTS:NVZMY) Sees Significant Growth in Short Interest

Novozymes A/S (OTCMKTS:NVZMY) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 11,400 shares, an increase of 570.6% from the March 15th total of 1,700 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 28,600 shares, the short-interest ratio is presently 0.4 days.

Novozymes A/S Price Performance

Shares of Novozymes A/S stock traded down $0.75 during midday trading on Monday, hitting $61.02. 37,148 shares of the company were exchanged, compared to its average volume of 32,741. The firm has a 50 day simple moving average of $58.38 and a 200-day simple moving average of $59.54. The firm has a market cap of $28.58 billion, a P/E ratio of 38.62, a PEG ratio of 3.87 and a beta of 0.91. Novozymes A/S has a 52 week low of $52.96 and a 52 week high of $72.50.

Novozymes A/S Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, April 23rd. Shareholders of record on Monday, April 7th will be paid a dividend of $0.3758 per share. This is a boost from Novozymes A/S’s previous dividend of $0.17. The ex-dividend date is Monday, April 7th. Novozymes A/S’s dividend payout ratio is currently 47.47%.

About Novozymes A/S

Novozymes A/S produces and sells industrial enzymes, microorganisms, and probiotics in Denmark, rest of Europe, North America, Asia Pacific, the Middle East, Africa, Latin America, and internationally. The company offers protein solutions for the food and beverage industry. It also offers industrial hygiene, drain openers, hard surface, medical cleaning, septic tanks, ware washing, and professional laundry services.