Carl Zeiss Meditec AG (OTCMKTS:CZMWY) Sees Large Decline in Short Interest

Carl Zeiss Meditec AG (OTCMKTS:CZMWY) was the target of a large drop in short interest in February. As of February 15th, there was short interest totalling 2,000 shares, a drop of 53.5% from the January 31st total of 4,300 shares. Based on an average daily trading volume, of 10,600 shares, the days-to-cover ratio is currently 0.2 days.

Carl Zeiss Meditec Price Performance

Carl Zeiss Meditec stock traded up $0.84 during midday trading on Friday, reaching $62.18. 34,563 shares of the stock traded hands, compared to its average volume of 9,661. The stock’s fifty day moving average is $54.28 and its 200-day moving average is $61.43. Carl Zeiss Meditec has a 12 month low of $46.13 and a 12 month high of $134.60.

Carl Zeiss Meditec Announces Dividend

The company also recently disclosed an annual dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 28th will be issued a dividend of $0.6246 per share. The ex-dividend date of this dividend is Friday, March 28th. This represents a yield of 1%. Carl Zeiss Meditec’s payout ratio is currently 32.64%.

About Carl Zeiss Meditec

Carl Zeiss Meditec AG operates as a medical technology company in Germany, rest of Europe, North America, and Asia. It operates in two segments, Ophthalmology and Microsurgery. The Ophthalmology segment offers products and solutions for the diagnosis and treatment of chronic eye diseases, such as ametropia (refraction), cataracts, glaucoma, and renital disorders.