SGS SA (OTCMKTS:SGSOY) Sees Large Growth in Short Interest

SGS SA (OTCMKTS:SGSOY - Get Free Report) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 127,900 shares, an increase of 353.5% from the April 30th total of 28,200 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 137,500 shares, the days-to-cover ratio is currently 0.9 days.

SGS Price Performance

OTCMKTS:SGSOY traded down $0.03 during trading hours on Monday, hitting $10.35. The company's stock had a trading volume of 144,405 shares, compared to its average volume of 107,875. The company has a debt-to-equity ratio of 4.45, a quick ratio of 1.09 and a current ratio of 1.23. The stock has a fifty day simple moving average of $9.74 and a 200-day simple moving average of $9.91. SGS has a twelve month low of $8.42 and a twelve month high of $11.54.

SGS Increases Dividend

The business also recently declared a dividend, which was paid on Friday, May 9th. Stockholders of record on Thursday, April 3rd were issued a dividend of $0.363 per share. The ex-dividend date of this dividend was Thursday, April 3rd. This is an increase from SGS's previous dividend of $0.21.

About SGS

SGS SA provides inspection, testing, and verification services in Europe, Africa, the Middle East, the Americas, and the Asia Pacific. It operates in five segments: Connectivity & Products, Health & Nutrition, Industries & Environment, Natural Resources, and Business Assurance. The company provides laboratory testing, product inspection and consulting, process assessment, technical and transactional assistance; and automotive, connectivity, softlines and accessories, and hardgoods, toys, and juvenile products, as well as government and trade facilitation services.