Short Interest in Coloplast A/S (OTCMKTS:CLPBY) Drops By 41.9%

Coloplast A/S (OTCMKTS:CLPBY) was the recipient of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totalling 226,200 shares, a decrease of 41.9% from the May 31st total of 389,400 shares. Based on an average daily trading volume, of 192,500 shares, the days-to-cover ratio is presently 1.2 days.

Coloplast A/S Price Performance

OTCMKTS:CLPBY traded down $0.08 during trading hours on Friday, hitting $12.08. The company’s stock had a trading volume of 57,026 shares, compared to its average volume of 116,107. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.39 and a current ratio of 0.60. Coloplast A/S has a 52-week low of $9.90 and a 52-week high of $14.34. The stock has a fifty day moving average of $12.31 and a 200-day moving average of $12.45.

Coloplast A/S (OTCMKTS:CLPBY) last released its quarterly earnings data on Tuesday, May 7th. The company reported $0.08 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.08. Coloplast A/S had a net margin of 19.45% and a return on equity of 36.74%. The company had revenue of $959.05 million during the quarter. Equities research analysts expect that Coloplast A/S will post 0.34 EPS for the current fiscal year.

Coloplast A/S Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, May 28th. Investors of record on Monday, May 20th were given a $0.0463 dividend. The ex-dividend date was Friday, May 17th. Coloplast A/S’s payout ratio is currently 27.27%.

About Coloplast A/S

Coloplast A/S engages in the development and sale of intimate healthcare products and services in Denmark, the United States, the United Kingdom, France, and internationally. The company operates through Chronic Care, Continence Care, Voice and Respiratory Care, Interventional Urology, and Advanced Wound Care segments.