Publicis Groupe SA (OTCMKTS:PUBGY) Short Interest Update

Key Points

• Publicis Groupe SA saw a significant drop in short interest, declining by 80.4% in August, with total short interest falling from 21,400 shares to 4,200 shares.
• The company increased its dividend to $0.8222 per share, up from the previous dividend of $0.06, leading to a remarkable dividend yield of 302.0%.
• Publicis Groupe's stock is currently trading at around $23.05, with a fifty-two week range low of $20.71 and high of $28.73.

Publicis Groupe SA (OTCMKTS:PUBGY - Get Free Report) was the recipient of a large drop in short interest in August. As of August 15th, there was short interest totaling 4,200 shares, adropof80.4% from the July 31st total of 21,400 shares. Based on an average trading volume of 331,000 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 331,000 shares, the days-to-cover ratio is presently 0.0 days.

Publicis Groupe Price Performance

OTCMKTS:PUBGY traded up $0.12 during midday trading on Friday, hitting $24.10. 42,126 shares of the company were exchanged, compared to its average volume of 133,016. The company has a fifty day simple moving average of $24.15 and a 200 day simple moving average of $25.10. Publicis Groupe has a fifty-two week low of $20.71 and a fifty-two week high of $28.73. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.91 and a quick ratio of 0.90.

Publicis Groupe Increases Dividend

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

Publicis Groupe Company Profile

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.