EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY) Sees Large Increase in Short Interest

Key Points

• EssilorLuxottica saw a 2,012.5% increase in short interest in July, reaching a total of 16,900 shares compared to 800 shares in June.
• The company recently declared a dividend with a yield of 126.0%, which was paid on June 26th.
• EssilorLuxottica's stock is currently trading around $147.36, with a 1-year low of $112.46 and a high of $155.46.

EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY - ) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 16,900 shares, anincreaseof2,012.5% from the June 30th total of 800 shares. Based on an average daily volume of 78,400 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 78,400 shares, the short-interest ratio is presently 0.2 days.

EssilorLuxottica Price Performance

Shares of EssilorLuxottica stock traded down $1.55 during midday trading on Friday, reaching $147.36. The company had a trading volume of 110,108 shares, compared to its average volume of 41,330. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.65 and a current ratio of 0.95. The stock has a fifty day simple moving average of $141.85 and a 200 day simple moving average of $141.96. EssilorLuxottica has a 1-year low of $112.46 and a 1-year high of $155.46.

EssilorLuxottica Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, June 26th. Investors of record on Tuesday, May 13th were issued a $1.833 dividend. The ex-dividend date of this dividend was Monday, May 12th. This represents a dividend yield of 126.0%.

EssilorLuxottica Company Profile

EssilorLuxottica Société anonyme designs, manufactures, and distributes ophthalmic lenses, frames, and sunglasses in Europe, the Middle East, Africa, Latin America, the Asia-Pacific, and North America. It operates through Professional Solutions and Direct to Consumer segments. The company offers lens under the Essilor, Varilux, Crizal, Eyezen, Stellest, Xperio, Transitions, Ray-Ban, Oakley, Barberini, KODAK Lens, Nikon, Shamir, eyexpert, iWear, Humanware, and Optifog brands.

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