Cementos Argos S.A. (OTCMKTS:CMTOY) Sees Significant Increase in Short Interest

Cementos Argos S.A. (OTCMKTS:CMTOY) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 9,800 shares, a growth of 145.0% from the February 29th total of 4,000 shares. Based on an average daily trading volume, of 4,700 shares, the short-interest ratio is presently 2.1 days.

Cementos Argos Stock Performance

OTCMKTS:CMTOY remained flat at $11.23 during midday trading on Friday. The company had a trading volume of 6 shares, compared to its average volume of 5,733. The firm has a 50-day moving average price of $8.94 and a two-hundred day moving average price of $7.40. Cementos Argos has a one year low of $2.94 and a one year high of $11.23.

Cementos Argos Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, April 29th. Shareholders of record on Wednesday, April 10th will be paid a $0.1344 dividend. This is a positive change from Cementos Argos’s previous dividend of $0.08. The ex-dividend date of this dividend is Tuesday, April 9th.

Cementos Argos Company Profile

Cementos Argos SA offers cement, concrete, aggregates, ready-mix concrete, and hydrated lime products in Colombia, the Caribbean, Central America, and the United States. The company also engages in the reinsurance; property management; transport; and seaports operation businesses. In addition, it exports its products.