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Fresenius SE & Co. (OTCMKTS:FSNUY) Short Interest Down 33.5% in July

Fresenius SE & Co. logo with Medical background

Key Points

  • Fresenius SE & Co. experienced a significant decline in short interest, dropping by 33.5% from 22,700 shares to 15,100 shares during July 2023.
  • The company reported quarterly earnings of $0.24 per share, surpassing analyst expectations of $0.22, and had a revenue of $6.48 billion for the quarter.
  • Fresenius SE & Co. announced a dividend increase, with a new dividend of $0.1827 per share reflecting a remarkable yield of 148.0%.
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Fresenius SE & Co. (OTCMKTS:FSNUY - Get Free Report) was the recipient of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 15,100 shares, adropof33.5% from the July 15th total of 22,700 shares. Based on an average daily trading volume, of 45,300 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 45,300 shares, the short-interest ratio is presently 0.3 days.

Analysts Set New Price Targets

Separately, Morgan Stanley restated an "overweight" rating on shares of Fresenius SE & Co. in a report on Wednesday, August 13th. One analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Buy".

Check Out Our Latest Research Report on FSNUY

Fresenius SE & Co. Trading Up 1.6%

Shares of FSNUY traded up $0.22 during midday trading on Friday, hitting $14.09. 128,805 shares of the stock traded hands, compared to its average volume of 49,099. Fresenius SE & Co. has a 1-year low of $8.4780 and a 1-year high of $14.20. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.11 and a current ratio of 1.43. The business's 50 day moving average price is $12.50 and its two-hundred day moving average price is $11.59.

Fresenius SE & Co. (OTCMKTS:FSNUY - Get Free Report) last announced its quarterly earnings results on Wednesday, August 6th. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.02. Fresenius SE & Co. had a net margin of 5.09% and a return on equity of 9.33%. The company had revenue of $6.48 billion during the quarter, compared to the consensus estimate of $5.83 billion. Analysts forecast that Fresenius SE & Co. will post 0.79 earnings per share for the current year.

About Fresenius SE & Co.

(Get Free Report)

Fresenius SE & Co KGaA, a health care company, provides products and services for chronically ill patients. It operates through four segments: Fresenius Medical Care, Fresenius Kabi, Fresenius Helios, and Fresenius Vamed. The Fresenius Medical Care segment offers products and services for patients with chronic kidney failure.

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