Mowi ASA (OTCMKTS:MHGVY) Short Interest Update

Mowi ASA (OTCMKTS:MHGVY) was the target of a significant growth in short interest in November. As of November 15th, there was short interest totalling 32,200 shares, a growth of 531.4% from the October 31st total of 5,100 shares. Based on an average daily volume of 63,200 shares, the short-interest ratio is currently 0.5 days.

Mowi ASA Stock Down 0.4 %

MHGVY traded down $0.08 during trading on Friday, hitting $18.13. 8,842 shares of the company’s stock traded hands, compared to its average volume of 29,423. Mowi ASA has a 12-month low of $15.89 and a 12-month high of $19.80. The company’s 50 day simple moving average is $17.85 and its two-hundred day simple moving average is $17.48. The company has a current ratio of 3.13, a quick ratio of 0.79 and a debt-to-equity ratio of 0.58. The stock has a market capitalization of $9.38 billion, a price-to-earnings ratio of 20.14, a PEG ratio of 2.45 and a beta of 1.33.

Mowi ASA Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, December 2nd. Investors of record on Monday, November 18th will be issued a $0.1358 dividend. This is an increase from Mowi ASA’s previous dividend of $0.12. The ex-dividend date is Monday, November 18th. Mowi ASA’s dividend payout ratio (DPR) is presently 44.44%.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank raised Mowi ASA to a “hold” rating in a research note on Thursday, September 19th.

Mowi ASA Company Profile

Mowi ASA, a seafood company, farms, produces, and supplies Atlantic salmon products worldwide. It operates through three segments: Feed, Farming, and Sales and Marketing. The company is involved in the salmon feed production, salmon farming and primary processing, and seafood secondary processing activities.