ConvaTec Group PLC (OTCMKTS:CNVVY) Short Interest Update

by · The Cerbat Gem

ConvaTec Group PLC (OTCMKTS:CNVVY – Get Free Report) saw a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 1,400 shares, a decline of 84.9% from the March 15th total of 9,300 shares. Based on an average daily trading volume, of 16,400 shares, the short-interest ratio is presently 0.1 days.

ConvaTec Group Price Performance

OTCMKTS:CNVVY traded up $1.08 during trading hours on Monday, hitting $13.95. 8,534 shares of the stock were exchanged, compared to its average volume of 27,550. The firm’s fifty day moving average price is $13.13 and its 200 day moving average price is $12.23. ConvaTec Group has a 52-week low of $10.77 and a 52-week high of $14.50.

ConvaTec Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, June 12th. Shareholders of record on Tuesday, April 22nd will be issued a $0.1847 dividend. This is an increase from ConvaTec Group’s previous dividend of $0.06. The ex-dividend date is Tuesday, April 22nd.

About ConvaTec Group

(Get Free Report)

ConvaTec Group PLC engages in the development, manufacturing, and sale of medical products, services, and technologies in Europe, North America, and internationally. The company offers advanced wound dressings and skin care products for the management of acute and chronic wounds resulting from various conditions, such as diabetes, and acute conditions resulting from traumatic injury and burns.

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