Fossil Group, Inc. 7% Senior Notes due 2026 (NASDAQ:FOSLL) Short Interest Update

Fossil Group, Inc. 7% Senior Notes due 2026 (NASDAQ:FOSLL) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 47,800 shares, a growth of 1,038.1% from the May 31st total of 4,200 shares. Based on an average daily volume of 14,300 shares, the days-to-cover ratio is currently 3.3 days.

Fossil Group, Inc. 7% Senior Notes due 2026 Stock Down 9.6 %

FOSLL stock traded down $1.35 on Friday, hitting $12.66. 37,730 shares of the company’s stock were exchanged, compared to its average volume of 13,926. The firm has a 50 day moving average price of $11.52 and a two-hundred day moving average price of $11.95. Fossil Group, Inc. 7% Senior Notes due 2026 has a 12-month low of $9.00 and a 12-month high of $19.00.

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

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 31st. Investors of record on Wednesday, May 15th were given a $0.4375 dividend. This represents a $1.75 annualized dividend and a dividend yield of 13.82%. The ex-dividend date was Tuesday, May 14th.

Institutional Trading of Fossil Group, Inc. 7% Senior Notes due 2026

A hedge fund recently bought a new stake in Fossil Group, Inc. 7% Senior Notes due 2026 stock. Cohanzick Management LLC bought a new position in shares of Fossil Group, Inc. 7% Senior Notes due 2026 (NASDAQ:FOSLL) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 338,530 shares of the company’s stock, valued at approximately $4,756,000. Fossil Group, Inc. 7% Senior Notes due 2026 accounts for approximately 2.9% of Cohanzick Management LLC’s holdings, making the stock its 5th biggest position.

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.