Mowi ASA (OTCMKTS:MHGVY) Short Interest Update

Mowi ASA (OTCMKTS:MHGVY) saw a significant decline in short interest in April. As of April 15th, there was short interest totalling 1,300 shares, a decline of 40.9% from the March 31st total of 2,200 shares. Based on an average daily trading volume, of 53,200 shares, the short-interest ratio is currently 0.0 days.

Mowi ASA Stock Performance

Shares of OTCMKTS:MHGVY opened at $17.46 on Friday. The business’s 50 day simple moving average is $18.48 and its 200 day simple moving average is $17.77. Mowi ASA has a 1 year low of $15.47 and a 1 year high of $19.80. The company has a debt-to-equity ratio of 0.64, a current ratio of 3.15 and a quick ratio of 0.97.

Mowi ASA (OTCMKTS:MHGVY) last released its earnings results on Wednesday, February 14th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.02. The company had revenue of $1.54 billion for the quarter. Mowi ASA had a return on equity of 16.27% and a net margin of 7.88%. On average, sell-side analysts anticipate that Mowi ASA will post 1.31 earnings per share for the current fiscal year.

Mowi ASA Increases Dividend

The company also recently announced a dividend, which was paid on Monday, March 11th. Stockholders of record on Monday, February 26th were given a $0.1347 dividend. The ex-dividend date was Friday, February 23rd. This is a boost from Mowi ASA’s previous dividend of $0.10. Mowi ASA’s payout ratio is presently 58.06%.

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.