Novozymes A/S (OTCMKTS:NVZMY) Sees Significant Growth in Short Interest

Novozymes A/S (OTCMKTS:NVZMY) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 1,700 shares, a growth of 1,600.0% from the February 28th total of 100 shares. Based on an average daily volume of 27,500 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Novozymes A/S Trading Down 1.3 %

NVZMY traded down $0.76 during midday trading on Wednesday, reaching $57.07. The company’s stock had a trading volume of 27,357 shares, compared to its average volume of 19,519. Novozymes A/S has a twelve month low of $52.96 and a twelve month high of $72.50. The stock has a market cap of $26.73 billion, a P/E ratio of 36.12, a PEG ratio of 3.87 and a beta of 0.91. The company has a fifty day simple moving average of $57.82 and a 200 day simple moving average of $60.62.

Novozymes A/S Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, April 23rd. Shareholders of record on Monday, April 7th will be issued a $0.3758 dividend. The ex-dividend date of this dividend is Monday, April 7th. This is an increase from Novozymes A/S’s previous dividend of $0.17. Novozymes A/S’s dividend payout ratio is 94.94%.

Novozymes A/S Company Profile

Novozymes A/S produces and sells industrial enzymes, microorganisms, and probiotics in Denmark, rest of Europe, North America, Asia Pacific, the Middle East, Africa, Latin America, and internationally. The company offers protein solutions for the food and beverage industry. It also offers industrial hygiene, drain openers, hard surface, medical cleaning, septic tanks, ware washing, and professional laundry services.