Tomra Systems ASA (OTCMKTS:TMRAY) Short Interest Update

Tomra Systems ASA (OTCMKTS:TMRAY) saw a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 700 shares, a decrease of 22.2% from the March 31st total of 900 shares. Based on an average daily trading volume, of 1,600 shares, the short-interest ratio is currently 0.4 days.

Tomra Systems ASA Stock Performance

Tomra Systems ASA stock opened at $12.80 on Friday. The business has a fifty day moving average of $14.21 and a two-hundred day moving average of $11.53. Tomra Systems ASA has a twelve month low of $7.32 and a twelve month high of $16.86.

Tomra Systems ASA Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, May 20th. Stockholders of record on Monday, April 29th will be given a dividend of $0.1199 per share. The ex-dividend date of this dividend is Friday, April 26th. This is an increase from Tomra Systems ASA’s previous dividend of $0.12. Tomra Systems ASA’s dividend payout ratio is presently 4.88%.

Tomra Systems ASA Company Profile

Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. It operates through three segments: TOMRA Collection, TOMRA Recycling, and TOMRA Food. The TOMRA Collection segment engages in the development, production, sale, and service of reverse vending machines and related data management systems.