Mowi ASA (OTCMKTS:MHGVY) Sees Significant Decrease in Short Interest

Mowi ASA (OTCMKTS:MHGVY - Get Free Report) saw a large decline in short interest in January. As of January 15th, there was short interest totalling 2,000 shares, a decline of 60.8% from the December 31st total of 5,100 shares. Based on an average daily trading volume, of 64,700 shares, the days-to-cover ratio is currently 0.0 days.

Mowi ASA Price Performance

OTCMKTS MHGVY traded up $0.82 on Friday, reaching $20.38. 13,519 shares of the stock traded hands, compared to its average volume of 34,483. Mowi ASA has a 12 month low of $15.89 and a 12 month high of $20.63. The company has a market cap of $10.54 billion, a price-to-earnings ratio of 29.11, a P/E/G ratio of 2.45 and a beta of 1.33. The firm's fifty day simple moving average is $17.98 and its 200 day simple moving average is $17.62. The company has a quick ratio of 0.79, a current ratio of 3.13 and a debt-to-equity ratio of 0.58.

Mowi ASA Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 2nd. Stockholders of record on Monday, November 18th were given a dividend of $0.1358 per share. This is a positive change from Mowi ASA's previous dividend of $0.12. The ex-dividend date of this dividend was Monday, November 18th. Mowi ASA's dividend payout ratio (DPR) is 44.44%.

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.