Short Interest in Publicis Groupe SA (OTCMKTS:PUBGY) Increases By 108.8%

Key Points

• Publicis Groupe SA experienced a significant increase in short interest, rising by 108.8% from June 30th to July 15th, reaching a total of 37,800 shares.
• The company announced a dividend increase to $0.8222, up from $0.06, resulting in a remarkable dividend yield of 302.0%.
• Shares of Publicis Groupe are currently trading at $22.71, reflecting a decrease of 1.4% from the previous session.

Publicis Groupe SA (OTCMKTS:PUBGY - Get Free Report) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 37,800 shares, agrowthof108.8% from the June 30th total of 18,100 shares. Based on an average trading volume of 173,700 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 173,700 shares, the short-interest ratio is currently 0.2 days.

Publicis Groupe Price Performance

Publicis Groupe stock traded up $0.15 during midday trading on Thursday, reaching $22.81. The company had a trading volume of 94,955 shares, compared to its average volume of 273,199. Publicis Groupe has a 12-month low of $20.71 and a 12-month high of $28.73. The firm's fifty day simple moving average is $26.07 and its 200-day simple moving average is $25.73. The company has a current ratio of 0.91, a quick ratio of 0.90 and a debt-to-equity ratio of 0.17.

Publicis Groupe Increases Dividend

The company also recently declared a dividend, which was paid on Friday, August 1st. Stockholders of record on Tuesday, July 1st were given a dividend of $0.8222 per share. This represents a dividend yield of 302.0%. The ex-dividend date of this dividend was Monday, June 30th. This is a boost from Publicis Groupe's previous dividend of $0.06.

About Publicis Groupe

Publicis Groupe SA provides marketing, communications, and digital business transformation services in North America, Europe, the Asia Pacific, Latin America, Africa, and the Middle East. The company offers advisory services for brand strategy, and repositioning and their identity under the Publicis Worldwide, Saatchi & Saatchi, Leo Burnett, Marcel, Fallon, and BBH brands; online advertising services under the Razorfish and Moxie brand names; crisis communications, press relations, public affairs, institutional relations, financial communications, and strategy management services; media consulting, planning, and buying services; performance marketing services; and e-commerce services.