Short Interest in Smurfit Kappa Group Plc (OTCMKTS:SMFKY) Declines By 46.6%

Smurfit Kappa Group Plc (OTCMKTS:SMFKY - Get Free Report) was the recipient of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 14,100 shares, a decrease of 46.6% from the February 29th total of 26,400 shares. Based on an average daily volume of 39,400 shares, the short-interest ratio is presently 0.4 days.

Smurfit Kappa Group Stock Up 0.3 %

Shares of OTCMKTS:SMFKY traded up $0.14 during midday trading on Thursday, hitting $45.93. 153,107 shares of the company's stock were exchanged, compared to its average volume of 31,776. The company has a current ratio of 1.57, a quick ratio of 1.15 and a debt-to-equity ratio of 0.67. The stock has a 50 day moving average price of $41.12 and a 200-day moving average price of $37.60. Smurfit Kappa Group has a 12 month low of $30.66 and a 12 month high of $46.34.

Smurfit Kappa Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, May 28th. Shareholders of record on Friday, April 12th will be given a $0.9148 dividend. This is an increase from Smurfit Kappa Group's previous dividend of $0.24. The ex-dividend date is Thursday, April 11th.

About Smurfit Kappa Group

Smurfit Kappa Group Plc, together with its subsidiaries, manufactures, distributes, and sells containerboard, corrugated containers, and other paper-based packaging products in Ireland, Germany, France, Mexico, rest of Europe, and other Americas. The company offers e-commerce, retail, consumer, industrial, bottle, protective, heavy-duty, hexacomb, and various punnet packaging products; composite cardboard tubes, bags, and sacks; and bag-in-box, a packaging system that comprises films, accessories, bags, taps, and boxes.