Getinge AB (publ) (OTCMKTS:GNGBY) Short Interest Update

Getinge AB (publ) (OTCMKTS:GNGBY) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 500 shares, an increase of 66.7% from the March 31st total of 300 shares. Based on an average daily trading volume, of 12,400 shares, the short-interest ratio is currently 0.0 days.

Getinge AB (publ) Stock Performance

Shares of OTCMKTS:GNGBY opened at $21.49 on Friday. Getinge AB has a 1 year low of $16.21 and a 1 year high of $25.35. The stock’s 50-day moving average is $20.03 and its 200 day moving average is $20.25.

Getinge AB (publ) (OTCMKTS:GNGBY) last announced its quarterly earnings results on Thursday, February 1st. The company reported $0.29 earnings per share (EPS) for the quarter. Getinge AB (publ) had a return on equity of 7.69% and a net margin of 7.09%. The company had revenue of $930.96 million for the quarter.

Getinge AB (publ) Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, May 14th. Investors of record on Wednesday, April 24th will be issued a dividend of $0.4164 per share. The ex-dividend date of this dividend is Tuesday, April 23rd. This is an increase from Getinge AB (publ)’s previous dividend of $0.29. Getinge AB (publ)’s payout ratio is currently 31.65%.

Getinge AB (publ) Company Profile

Getinge AB (publ) provides products and solutions for operating rooms, intensive-care units, and sterilization departments. The company operates through Acute Care Therapies, Life Science, and Surgical Workflows segments. It offers extracorporeal membrane oxygenation, mechanical ventilation, mechanical circulatory support, advanced patient monitoring, ICU infrastructure equipment, patient flow management, and drainage solutions.