Short Interest in Getinge AB (publ) (OTCMKTS:GNGBY) Grows By 66.7%

Posted by Teresa Graham on Apr 29th, 2024

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

Getinge AB (publ) Stock Performance

GNGBY stock opened at $21.49 on Monday. The company’s fifty day simple moving average is $20.07 and its 200 day simple moving average is $20.29. Getinge AB has a 12-month low of $16.21 and a 12-month high of $25.35.

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

Getinge AB (publ) Increases Dividend

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

About Getinge AB (publ)

(Get Free Report)

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.