Legrand SA (OTCMKTS:LGRVF) Short Interest Down 44.0% in July

Key Points

• Legrand SA experienced a significant short interest drop of 44.0% in July, from 229,200 shares to 128,400 shares, resulting in 0.0% of the company's shares being sold short.
• The company announced a recent dividend of $2.20 per share, resulting in a dividend yield of 241.0% for investors of record.
• As of the latest trading, Legrand SA shares remained flat at $151.00 with a market capitalization of $40.19 billion and a price-to-earnings ratio of 35.12.

Legrand SA (OTCMKTS:LGRVF - ) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 128,400 shares, adropof44.0% from the July 15th total of 229,200 shares. Currently,0.0% of the company's shares are sold short. Based on an average daily trading volume, of 2,600 shares, the short-interest ratio is presently 49.4 days. Based on an average daily trading volume, of 2,600 shares, the short-interest ratio is presently 49.4 days. Currently,0.0% of the company's shares are sold short.

Legrand Price Performance

Shares of LGRVF stock remained flat at $151.00 during trading hours on Monday. The stock had a trading volume of 42 shares, compared to its average volume of 2,493. The firm's fifty day simple moving average is $134.10 and its 200 day simple moving average is $116.55. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.39 and a current ratio of 1.95. The firm has a market capitalization of $40.19 billion, a price-to-earnings ratio of 35.12 and a beta of 1.01. Legrand has a one year low of $95.34 and a one year high of $151.00.

Legrand Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Monday, June 2nd. Investors of record on Friday, May 30th were paid a dividend of $2.20 per share. This represents a yield of 241.0%. The ex-dividend date of this dividend was Thursday, May 29th.

About Legrand

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.

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