Shoprite Holdings Ltd (OTCMKTS:SRGHY) Short Interest Up 44.0% in September

Shoprite Holdings Ltd (OTCMKTS:SRGHYGet Free Report) saw a significant increase in short interest in September. As of September 30th, there was short interest totalling 15,700 shares, an increase of 44.0% from the September 15th total of 10,900 shares. Based on an average daily trading volume, of 5,900 shares, the short-interest ratio is currently 2.7 days.

Shoprite Trading Up 0.9 %

SRGHY traded up $0.16 on Friday, hitting $16.73. 5,116 shares of the stock were exchanged, compared to its average volume of 4,393. Shoprite has a 12 month low of $11.73 and a 12 month high of $18.16. The business has a 50-day moving average of $16.96 and a two-hundred day moving average of $15.25.

Shoprite Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, October 10th. Stockholders of record on Monday, September 30th were paid a $0.1787 dividend. This is a positive change from Shoprite’s previous dividend of $0.10. The ex-dividend date of this dividend was Friday, September 27th. This represents a dividend yield of 1.61%. Shoprite’s dividend payout ratio (DPR) is presently 60.55%.

Shoprite Company Profile

(Get Free Report)

Shoprite Holdings Ltd, an investment holding company, primarily engages in the food retailing business in South Africa and internationally. The company operates through four segments: Supermarkets RSA, Supermarkets Non-RSA, Furniture, and Other Operating segments. It also offers clothing, general merchandise, cosmetics, and liquor products; furniture and home entertainment products; and electrical and household appliances.

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