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Short Interest in Legrand SA (OTCMKTS:LGRVF) Declines By 14.0%

Legrand logo with Computer and Technology background

Legrand SA (OTCMKTS:LGRVF - Get Free Report) saw a significant drop in short interest in May. As of May 15th, there was short interest totalling 58,900 shares, a drop of 14.0% from the April 30th total of 68,500 shares. Currently, 0.0% of the company's stock are sold short. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 589.0 days.

Legrand Price Performance

Shares of OTCMKTS LGRVF remained flat at $123.11 during trading on Wednesday. 99 shares of the stock were exchanged, compared to its average volume of 3,009. The company has a market cap of $32.77 billion, a P/E ratio of 28.63 and a beta of 1.01. The business's fifty day moving average price is $103.97 and its 200-day moving average price is $104.27. The company has a quick ratio of 1.39, a current ratio of 1.95 and a debt-to-equity ratio of 0.68. Legrand has a twelve month low of $95.34 and a twelve month high of $123.11.

Legrand Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, June 2nd. Shareholders of record on Friday, May 30th were paid a dividend of $2.20 per share. The ex-dividend date was Thursday, May 29th. This represents a yield of 2.41%.

About Legrand

(Get Free Report)

Legrand SA, together with its subsidiaries, manufactures, distributes, and sells electrical and digital building infrastructures in Europe, North and Central America, and internationally. The company offers energy distribution, protection, and management solutions, such as electric vehicle charging, residential and small commercial panels, switchboards and power cabinets, and UPS devices; and wiring devices, connected home and building control solutions, and guestroom solutions, as well as back, junction, DCL, and floor boxes.

Further Reading

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