SGS SA (OTCMKTS:SGSOY) Short Interest Down 64.3% in March

SGS SA (OTCMKTS:SGSOY) was the target of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 500 shares, a decrease of 64.3% from the February 28th total of 1,400 shares. Based on an average trading volume of 111,400 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

SGS Stock Up 0.5 %

SGS stock traded up $0.05 during mid-day trading on Friday, hitting $9.93. The company had a trading volume of 40,351 shares, compared to its average volume of 88,120. The company has a debt-to-equity ratio of 4.45, a quick ratio of 1.09 and a current ratio of 1.23. SGS has a 1 year low of $8.68 and a 1 year high of $11.54. The business has a fifty day moving average of $10.04 and a 200 day moving average of $10.30.

SGS Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 9th. Shareholders of record on Thursday, April 3rd will be issued a dividend of $0.363 per share. This is a positive change from SGS’s previous dividend of $0.21. The ex-dividend date is Thursday, April 3rd.

SGS Company Profile

SGS SA provides inspection, testing, and verification services in Europe, Africa, the Middle East, the Americas, and the Asia Pacific. It operates in five segments: Connectivity & Products, Health & Nutrition, Industries & Environment, Natural Resources, and Business Assurance. The company provides laboratory testing, product inspection and consulting, process assessment, technical and transactional assistance; and automotive, connectivity, softlines and accessories, and hardgoods, toys, and juvenile products, as well as government and trade facilitation services.