Short Interest in Fuchs Petrolub SE (OTCMKTS:FUPBY) Increases By 1,557.1%

Fuchs Petrolub SE (OTCMKTS:FUPBY – Get Rating) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 11,600 shares, an increase of 1,557.1% from the April 30th total of 700 shares. Based on an average daily volume of 7,500 shares, the short-interest ratio is currently 1.5 days.

Fuchs Petrolub Price Performance

Shares of Fuchs Petrolub stock opened at $9.21 on Friday. The business’s fifty day moving average price is $9.98 and its two-hundred day moving average price is $9.57. The company has a market capitalization of $5.12 billion, a P/E ratio of 18.05, a PEG ratio of 1.23 and a beta of 1.03. Fuchs Petrolub has a 1-year low of $5.89 and a 1-year high of $10.64.

Fuchs Petrolub Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, May 23rd. Shareholders of record on Friday, May 5th were paid a dividend of $0.1889 per share. The ex-dividend date of this dividend was Thursday, May 4th. This represents a yield of 1.83%. This is an increase from Fuchs Petrolub’s previous dividend of $0.18. Fuchs Petrolub’s payout ratio is presently 37.26%.

Fuchs Petrolub Company Profile

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Fuchs Petrolub SE engages in the development, production, and sale of lubricants and related specialties. Its products include engine oils, motorcycle lubricants, service fluids, greases, corrosion preventives, cleaners, and concrete release agents. It also provides analytical, technical, open gear, and coating services.