Merck KGaA (OTCMKTS:MKKGY) Sees Significant Drop in Short Interest

Merck KGaA (OTCMKTS:MKKGYGet Free Report) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totalling 1,100 shares, a drop of 35.3% from the April 15th total of 1,700 shares. Based on an average trading volume of 108,400 shares, the short-interest ratio is presently 0.0 days.

Merck KGaA Trading Down 0.4 %

Shares of Merck KGaA stock opened at $33.32 on Tuesday. The stock has a 50-day simple moving average of $33.40 and a 200-day simple moving average of $32.73. Merck KGaA has a 52-week low of $28.59 and a 52-week high of $36.89.

Merck KGaA Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, May 9th. Stockholders of record on Tuesday, April 30th were paid a dividend of $0.3182 per share. This is a positive change from Merck KGaA’s previous dividend of $0.32. The ex-dividend date of this dividend was Monday, April 29th.

Merck KGaA Company Profile

(Get Free Report)

Merck KGaA operates as a science and technology company in Germany. It operates through Life Science, Healthcare, and Electronics segments. The company's Life Science segment offers tools, chemicals, and equipment for academic labs, biotech, and pharmaceutical manufacturers, as well as industrial sector.

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