Colruyt Group (OTCMKTS:CUYTY) Sees Significant Decrease in Short Interest

Colruyt Group (OTCMKTS:CUYTY) was the target of a large decline in short interest in October. As of October 31st, there was short interest totalling 1,800 shares, a decline of 63.3% from the October 15th total of 4,900 shares. Based on an average daily trading volume, of 400 shares, the short-interest ratio is presently 4.5 days.

Colruyt Group Stock Performance

Shares of OTCMKTS:CUYTY traded up $0.02 during trading on Tuesday, hitting $12.02. 453 shares of the company were exchanged, compared to its average volume of 2,060. Colruyt Group has a 52-week low of $10.59 and a 52-week high of $13.15. The stock has a 50 day moving average of $12.22 and a 200 day moving average of $12.18. The company has a current ratio of 1.03, a quick ratio of 0.71 and a debt-to-equity ratio of 0.26.

Colruyt Group Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, October 16th. Shareholders of record on Monday, October 7th were given a $0.2196 dividend. The ex-dividend date was Monday, October 7th. This is an increase from Colruyt Group’s previous dividend of $0.17.

About Colruyt Group

Colruyt Group N.V., together with its subsidiaries, engages in the retail, wholesale, food service, and other activities in Belgium, France, Luxembourg, and internationally. It operates through three segments: Retail, Wholesale and Foodservice, and Other Activities. The company provides groceries, fresh products, dry products, and frozen and non-food products; and operates CNG, hydrogen filling, and charging stations.