Short Interest in Avolta AG (OTCMKTS:DUFRY) Drops By 24.6%

Avolta AG (OTCMKTS:DUFRY - Get Free Report) was the target of a large decrease in short interest during the month of May. As of May 15th, there was short interest totalling 98,900 shares, a decrease of 24.6% from the April 30th total of 131,100 shares. Based on an average daily volume of 123,500 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.0% of the shares of the stock are short sold.

Avolta Stock Down 0.7%

Shares of DUFRY traded down $0.04 during trading hours on Tuesday, hitting $5.37. The stock had a trading volume of 58,856 shares, compared to its average volume of 87,736. Avolta has a 52 week low of $3.46 and a 52 week high of $5.42. The company's fifty day moving average is $4.69 and its two-hundred day moving average is $4.37. The company has a quick ratio of 0.37, a current ratio of 0.66 and a debt-to-equity ratio of 1.21.

Avolta Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Tuesday, May 20th will be issued a dividend of $0.0939 per share. The ex-dividend date is Monday, May 19th. This represents a yield of 1.77%. This is a positive change from Avolta's previous dividend of $0.04.

About Avolta

Avolta AG operates as a travel retailer. The company's retail brands include general travel retail shops under the Dufry, World Duty Free, Nuance, Hellenic Duty Free, Zurich Duty-Free or Stockholm Duty-Free, Autogrill, and HMSHost brands; Dufry shopping stores; brand boutiques; convenience stores primarily under the Hudson brand; and specialized shops and theme stores.