ConvaTec Group PLC (OTCMKTS:CNVVY – Get Free Report) was the target of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 9,300 shares, a decline of 29.5% from the February 28th total of 13,200 shares. Based on an average daily trading volume, of 214,600 shares, the short-interest ratio is presently 0.0 days.
ConvaTec Group Trading Down 0.2 %
OTCMKTS CNVVY traded down $0.03 during trading hours on Monday, hitting $13.40. The company’s stock had a trading volume of 8,412 shares, compared to its average volume of 30,402. ConvaTec Group has a twelve month low of $10.77 and a twelve month high of $15.40. The stock has a fifty day moving average of $12.91 and a 200 day moving average of $12.12.
ConvaTec Group Increases Dividend
The business also recently declared a dividend, which will be paid on Thursday, June 12th. Stockholders of record on Tuesday, April 22nd will be paid a $0.1847 dividend. The ex-dividend date of this dividend is Tuesday, April 22nd. This is an increase from ConvaTec Group’s previous dividend of $0.06.
ConvaTec Group Company Profile
ConvaTec Group PLC engages in the development, manufacturing, and sale of medical products, services, and technologies in Europe, North America, and internationally. The company offers advanced wound dressings and skin care products for the management of acute and chronic wounds resulting from various conditions, such as diabetes, and acute conditions resulting from traumatic injury and burns.
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