Cementos Argos S.A. (OTCMKTS:CMTOY – Get Free Report) was the recipient of a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 9,100 shares, an increase of 15.2% from the May 15th total of 7,900 shares. Based on an average daily volume of 1,400 shares, the days-to-cover ratio is currently 6.5 days.
Cementos Argos Stock Performance
Shares of OTCMKTS:CMTOY remained flat at $9.00 during trading on Monday. Cementos Argos has a 12 month low of $3.40 and a 12 month high of $12.61. The firm’s 50-day simple moving average is $10.60 and its two-hundred day simple moving average is $9.33.
Cementos Argos Increases Dividend
The business also recently declared a dividend, which was paid on Monday, April 29th. Stockholders of record on Wednesday, April 10th were given a $0.1344 dividend. This is a positive change from Cementos Argos’s previous dividend of $0.08. The ex-dividend date was Tuesday, April 9th.
About Cementos Argos
Cementos Argos SA offers cement, concrete, aggregates, ready-mix concrete, and hydrated lime products in Colombia, the Caribbean, Central America, and the United States. The company also engages in the reinsurance; property management; transport; and seaports operation businesses. In addition, it exports its products.
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