Südzucker AG (OTCMKTS:SUEZY – Get Free Report) was the target of a significant drop in short interest in July. As of July 15th, there was short interest totalling 300 shares, a drop of 70.0% from the June 30th total of 1,000 shares. Based on an average daily volume of 500 shares, the short-interest ratio is presently 0.6 days.
Südzucker Stock Down 0.7 %
OTCMKTS:SUEZY traded down C$0.05 during mid-day trading on Friday, reaching C$6.42. The stock had a trading volume of 100 shares, compared to its average volume of 774. The stock’s 50 day simple moving average is C$7.24 and its two-hundred day simple moving average is C$7.11. Südzucker has a 1-year low of C$6.37 and a 1-year high of C$7.85.
Südzucker Increases Dividend
The business also recently announced a dividend, which will be paid on Wednesday, August 7th. Stockholders of record on Monday, July 22nd will be issued a dividend of $0.3116 per share. The ex-dividend date is Monday, July 22nd. This is a positive change from Südzucker’s previous dividend of $0.25. Südzucker’s dividend payout ratio is -714.89%.
About Südzucker
Südzucker AG produces and sells sugar products in Germany, the European Union, the United Kingdom, and internationally. It operates through five segments: Sugar, Special Products, CropEnergies, Starch, and Fruit. The Sugar segment produces and sells sugar, sugar specialty products, glucose syrup, and animal feed to food industry, retailers, and agriculture markets, as well as offers by-products of sugar.
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