Flexible Solutions International, Inc. (NYSE:FSI) Short Interest Down 65.5% in May

Flexible Solutions International, Inc. (NYSE:FSI - Get Free Report) saw a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 3,800 shares, a decrease of 65.5% from the May 15th total of 11,000 shares. Based on an average daily volume of 34,500 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Separately, Wall Street Zen began coverage on shares of Flexible Solutions International in a report on Tuesday, February 18th. They issued a "hold" rating on the stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of FSI. Citadel Advisors LLC raised its holdings in Flexible Solutions International by 12.6% in the 4th quarter. Citadel Advisors LLC now owns 23,213 shares of the company's stock valued at $84,000 after acquiring an additional 2,590 shares during the period. Essex Investment Management Co. LLC acquired a new position in shares of Flexible Solutions International during the 1st quarter worth approximately $134,000. Dimensional Fund Advisors LP grew its position in shares of Flexible Solutions International by 26.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 52,499 shares of the company's stock worth $190,000 after purchasing an additional 11,017 shares in the last quarter. Evernest Financial Advisors LLC acquired a new position in shares of Flexible Solutions International during the 1st quarter worth approximately $310,000. Finally, Renaissance Technologies LLC grew its position in shares of Flexible Solutions International by 5.4% during the 4th quarter. Renaissance Technologies LLC now owns 389,445 shares of the company's stock worth $1,406,000 after purchasing an additional 20,000 shares in the last quarter. 54.31% of the stock is owned by institutional investors.

Flexible Solutions International Stock Performance

Shares of FSI stock traded up $0.10 on Monday, reaching $4.35. The stock had a trading volume of 16,471 shares, compared to its average volume of 120,629. The company has a quick ratio of 2.22, a current ratio of 3.17 and a debt-to-equity ratio of 0.17. The firm's 50-day moving average is $4.11 and its two-hundred day moving average is $4.67. The firm has a market capitalization of $55.02 million, a price-to-earnings ratio of 13.18 and a beta of 1.28. Flexible Solutions International has a 12 month low of $1.65 and a 12 month high of $7.24.

Flexible Solutions International Increases Dividend

The business also recently declared a special dividend, which was paid on Wednesday, May 28th. Shareholders of record on Monday, May 19th were issued a $0.10 dividend. This is a boost from Flexible Solutions International's previous special dividend of $0.05. The ex-dividend date was Monday, May 19th. Flexible Solutions International's dividend payout ratio is currently 83.33%.

About Flexible Solutions International

Flexible Solutions International, Inc, together with its subsidiaries, develops, manufactures, and markets specialty chemicals that slow the evaporation of water in Canada, the United States, and internationally. The company operates in two segments, Energy and Water Conservation Products, and Biodegradable Polymers.