Legrand SA (OTCMKTS:LGRDY – Get Rating) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 27,900 shares, an increase of 224.4% from the April 30th total of 8,600 shares. Based on an average daily trading volume, of 713,900 shares, the days-to-cover ratio is currently 0.0 days.
Shares of OTCMKTS LGRDY traded up $0.24 during midday trading on Thursday, hitting $17.26. The stock had a trading volume of 131,097 shares, compared to its average volume of 154,514. The company’s 50-day simple moving average is $17.90 and its 200 day simple moving average is $20.01. Legrand has a fifty-two week low of $16.01 and a fifty-two week high of $23.59.
The firm also recently announced a dividend, which will be paid on Thursday, June 16th. Shareholders of record on Friday, May 27th will be issued a dividend of $0.2465 per share. The ex-dividend date is Thursday, May 26th. This represents a yield of 1.48%.
About Legrand (Get Rating)
Legrand SA, together with its subsidiaries, provides electrical and digital building infrastructures worldwide. The company offers MCBs, RCDs, and din rail equipment, including residual current circuit breakers, RCBOs, add-on modules and accessories, surge protective devices, other control and signaling devices, and time and light-sensitive switches, as well as dimmers, relays, transformers, power supplies, and accessories; ACBs, MCCBs, head equipment, and busbar systems; enclosures and accessories; equipment and accessories; home network, home automation, and hotel equipment; wiring accessories; weatherproof wiring accessories and other installation equipment; lighting management, emergency lighting, access control, and safety equipment; UPS and LCS products, cable management systems, equipment, and accessories; and mosaic wiring accessories.
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