Legrand SA (OTCMKTS:LGRVF) Short Interest Up 56.2% in May

Legrand SA (OTCMKTS:LGRVF - Get Free Report) saw a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 92,000 shares, an increase of 56.2% from the May 15th total of 58,900 shares. Based on an average daily trading volume, of 2,900 shares, the short-interest ratio is currently 31.7 days. Currently, 0.0% of the company's shares are sold short.

Legrand Stock Performance

Shares of LGRVF remained flat at $123.11 during mid-day trading on Monday. 39 shares of the stock traded hands, compared to its average volume of 3,009. The company has a 50-day moving average price of $106.93 and a 200-day moving average price of $105.37. Legrand has a 52-week low of $95.34 and a 52-week high of $123.11. The company has a market cap of $32.77 billion, a price-to-earnings ratio of 28.63 and a beta of 1.01. The company has a quick ratio of 1.39, a current ratio of 1.95 and a debt-to-equity ratio of 0.68.

Legrand Announces Dividend

The company also recently announced a dividend, which was paid on Monday, June 2nd. Investors of record on Friday, May 30th were given a dividend of $2.20 per share. The ex-dividend date of this dividend was Thursday, May 29th. This represents a yield of 2.41%.

Legrand Company Profile

Legrand SA, together with its subsidiaries, manufactures, distributes, and sells electrical and digital building infrastructures in Europe, North and Central America, and internationally. The company offers energy distribution, protection, and management solutions, such as electric vehicle charging, residential and small commercial panels, switchboards and power cabinets, and UPS devices; and wiring devices, connected home and building control solutions, and guestroom solutions, as well as back, junction, DCL, and floor boxes.