Colruyt Group (OTCMKTS:CUYTY) Sees Large Increase in Short Interest

Colruyt Group (OTCMKTS:CUYTY) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 4,900 shares, an increase of 172.2% from the September 30th total of 1,800 shares. Based on an average daily trading volume, of 2,200 shares, the short-interest ratio is presently 2.2 days.

Colruyt Group Price Performance

OTCMKTS:CUYTY opened at $10.78 on Monday. The stock has a 50 day moving average of $12.47 and a two-hundred day moving average of $12.16. Colruyt Group has a 12 month low of $10.59 and a 12 month high of $13.15. 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 company also recently disclosed a dividend, which was paid on Wednesday, October 16th. Shareholders of record on Monday, October 7th were issued a $0.2196 dividend. The ex-dividend date was Monday, October 7th. This is a positive change from Colruyt Group’s previous dividend of $0.17.

Colruyt Group Company Profile

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.