Short Interest in SGS SA (OTCMKTS:SGSOY) Drops By 26.3%

SGS SA (OTCMKTS:SGSOY) saw a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 1,400 shares, a decrease of 26.3% from the February 13th total of 1,900 shares. Based on an average daily trading volume, of 85,700 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

SGS Price Performance

Shares of SGSOY traded up $0.18 during trading hours on Monday, reaching $10.02. The stock had a trading volume of 62,259 shares, compared to its average volume of 88,433. The firm has a 50-day simple moving average of $10.06 and a 200 day simple moving average of $10.36. The company has a debt-to-equity ratio of 4.45, a current ratio of 1.23 and a quick ratio of 1.09. SGS has a 12 month low of $8.68 and a 12 month high of $11.54.

SGS Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 9th. Shareholders of record on Thursday, April 3rd will be issued a dividend of $0.363 per share. This is an increase from SGS’s previous dividend of $0.21. The ex-dividend date of this dividend is Thursday, April 3rd.

SGS Company Profile

SGS SA provides inspection, testing, and verification services in Europe, Africa, the Middle East, the Americas, and the Asia Pacific. It operates in five segments: Connectivity & Products, Health & Nutrition, Industries & Environment, Natural Resources, and Business Assurance. The company provides laboratory testing, product inspection and consulting, process assessment, technical and transactional assistance; and automotive, connectivity, softlines and accessories, and hardgoods, toys, and juvenile products, as well as government and trade facilitation services.