Samsonite International S.A. (OTCMKTS:SMSEY) Short Interest Up 133.2% in May

Samsonite International S.A. (OTCMKTS:SMSEY - Get Free Report) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totalling 52,700 shares, an increase of 133.2% from the April 30th total of 22,600 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 54,000 shares, the days-to-cover ratio is currently 1.0 days.

Samsonite International Trading Down 0.1%

SMSEY stock traded down $0.01 during midday trading on Tuesday, hitting $9.28. The company had a trading volume of 3,464 shares, compared to its average volume of 15,034. The company has a current ratio of 1.61, a quick ratio of 1.07 and a debt-to-equity ratio of 1.11. Samsonite International has a 52 week low of $8.32 and a 52 week high of $16.05. The stock's 50 day moving average price is $9.41 and its 200 day moving average price is $12.18. The stock has a market cap of $2.57 billion, a price-to-earnings ratio of 7.14 and a beta of 0.69.

Samsonite International (OTCMKTS:SMSEY - Get Free Report) last posted its quarterly earnings data on Tuesday, May 13th. The company reported $0.19 earnings per share (EPS) for the quarter. The business had revenue of $796.60 million during the quarter, compared to the consensus estimate of $799.00 million. Samsonite International had a return on equity of 22.81% and a net margin of 10.56%. As a group, equities research analysts expect that Samsonite International will post 1.15 earnings per share for the current fiscal year.

Samsonite International Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, July 30th. Stockholders of record on Monday, June 9th will be paid a $0.3865 dividend. The ex-dividend date is Friday, June 6th. This represents a dividend yield of 4.16%. Samsonite International's dividend payout ratio is currently 35.51%.

About Samsonite International

Samsonite International SA engages in the design, manufacture, sourcing, and distribution of travel luggage bags in North America, Asia, Europe, and Latin America. The company offers luggage, business, computer, outdoor, casual, and women's bags; and travel accessories and slim protective cases for personal electronic devices primarily under the Samsonite, Tumi, American Tourister, Speck, High Sierra, Gregory, Lipault, Kamiliant, Hartmann, and eBags brands, as well as other owned and licensed brand names.