Capgemini SE (OTCMKTS:CGEMY) Sees Significant Decrease in Short Interest

Capgemini SE (OTCMKTS:CGEMY) was the recipient of a significant drop in short interest in May. As of May 31st, there was short interest totalling 21,600 shares, a drop of 27.8% from the May 15th total of 29,900 shares. Based on an average trading volume of 243,900 shares, the days-to-cover ratio is presently 0.1 days.

Capgemini Stock Down 2.2 %

OTCMKTS:CGEMY traded down $0.88 during mid-day trading on Friday, hitting $39.03. The stock had a trading volume of 74,359 shares, compared to its average volume of 96,795. The stock has a 50-day simple moving average of $43.41 and a two-hundred day simple moving average of $44.16. Capgemini has a twelve month low of $33.52 and a twelve month high of $49.70.

Capgemini Increases Dividend

The company also recently announced an annual dividend, which will be paid on Monday, June 17th. Investors of record on Tuesday, May 28th will be issued a $0.7327 dividend. This is a boost from Capgemini’s previous annual dividend of $0.21. The ex-dividend date is Friday, May 24th. This represents a yield of 1.66%.

About Capgemini

Capgemini SE, together with its subsidiaries, engages in the provision of consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America. The company offers strategy and transformation services in strategy, technology, data science, and creative design fields to support companies and organizations in creating new models and new products within the digital economy.