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 during 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 trading volume, of 34,500 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Trading of Flexible Solutions International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Renaissance Technologies LLC increased its position in 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. Evernest Financial Advisors LLC purchased a new stake in shares of Flexible Solutions International during the first quarter worth about $310,000. Dimensional Fund Advisors LP grew its holdings in shares of Flexible Solutions International by 26.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 52,499 shares of the company's stock worth $190,000 after buying an additional 11,017 shares in the last quarter. Essex Investment Management Co. LLC purchased a new stake in shares of Flexible Solutions International during the first quarter worth about $134,000. Finally, Citadel Advisors LLC grew its stake in Flexible Solutions International by 12.6% in the 4th quarter. Citadel Advisors LLC now owns 23,213 shares of the company's stock worth $84,000 after acquiring an additional 2,590 shares during the period. Hedge funds and other institutional investors own 54.31% of the company's stock.

Flexible Solutions International Price Performance

Flexible Solutions International stock traded down $0.14 during mid-day trading on Friday, reaching $4.25. The company had a trading volume of 4,198 shares, compared to its average volume of 120,656. Flexible Solutions International has a 1 year low of $1.65 and a 1 year high of $7.24. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.17 and a quick ratio of 2.22. The company has a market capitalization of $53.75 million, a P/E ratio of 12.88 and a beta of 1.28. The stock's 50-day simple moving average is $4.07 and its 200-day simple moving average is $4.66.

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 given a dividend of $0.10 per share. This is an increase from Flexible Solutions International's previous special dividend of $0.05. The ex-dividend date of this dividend was Monday, May 19th. Flexible Solutions International's dividend payout ratio (DPR) is presently 83.33%.

Analysts Set New Price Targets

Separately, Wall Street Zen assumed coverage on Flexible Solutions International in a research report on Tuesday, February 18th. They issued a "hold" rating for the company.

Flexible Solutions International Company Profile

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.

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