Glanbia Plc ADR (OTCMKTS:GLAPY) Short Interest Update

Key Points

• Glanbia Plc ADR (OTCMKTS:GLAPY) experienced a significant decline in short interest, dropping to just 100 shares as of August 31st, a decrease of 50.0% from earlier in the month.
• The company's stock traded down 1.5% to $79.41, with a trading volume of 105 shares compared to an average of 16 shares.
• Glanbia has announced a dividend of $0.9751 to be paid on October 14th, resulting in a yield of 272.0%.

Glanbia Plc ADR (OTCMKTS:GLAPY - Get Free Report) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 100 shares, a decrease of 50.0% from the August 15th total of 200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.0% of the company's shares are short sold. Approximately 0.0% of the company's shares are short sold. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 1.0 days.

Glanbia Price Performance

Shares of GLAPY remained flat at $79.41 during trading hours on Friday. Glanbia has a twelve month low of $52.40 and a twelve month high of $83.00. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.67 and a quick ratio of 0.89. The firm's 50-day simple moving average is $76.55 and its 200-day simple moving average is $69.91.

Glanbia Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, October 14th. Stockholders of record on Tuesday, August 26th will be given a dividend of $0.9751 per share. The ex-dividend date is Monday, August 25th. This represents a dividend yield of 272.0%.

About Glanbia

Glanbia plc, together with its subsidiaries, operates as a nutrition company worldwide. The company offers sports nutrition and lifestyle nutrition products in various formats, such as powders, ready-to-eat bars and snacking food, and ready-to-drink beverage. It also manufactures and sells cheese, dairy, and non-dairy nutritional and functional ingredients; and vitamin and mineral premixes products.