Mowi ASA (OTCMKTS:MHGVY) Short Interest Update

Mowi ASA (OTCMKTS:MHGVY) was the target of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 32,200 shares, a growth of 531.4% from the October 31st total of 5,100 shares. Based on an average daily volume of 63,200 shares, the short-interest ratio is presently 0.5 days.

Mowi ASA Stock Up 1.5 %

OTCMKTS MHGVY traded up $0.27 during mid-day trading on Wednesday, reaching $18.21. The stock had a trading volume of 19,921 shares, compared to its average volume of 29,513. The stock has a market cap of $9.42 billion, a PE ratio of 19.93, a price-to-earnings-growth ratio of 2.45 and a beta of 1.33. Mowi ASA has a 1 year low of $15.89 and a 1 year high of $19.80. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.13 and a quick ratio of 0.79. The company has a fifty day moving average price of $17.82 and a 200 day moving average price of $17.47.

Mowi ASA Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, December 2nd. Stockholders of record on Monday, November 18th will be issued a dividend of $0.1358 per share. This is a boost from Mowi ASA’s previous dividend of $0.12. The ex-dividend date is Monday, November 18th. Mowi ASA’s payout ratio is presently 44.44%.

Analysts Set New Price Targets

Separately, Berenberg Bank upgraded shares of Mowi ASA to a “hold” rating in a report on Thursday, September 19th.

About Mowi ASA

Mowi ASA, a seafood company, farms, produces, and supplies Atlantic salmon products worldwide. It operates through three segments: Feed, Farming, and Sales and Marketing. The company is involved in the salmon feed production, salmon farming and primary processing, and seafood secondary processing activities.