Straumann Holding AG (OTCMKTS:SAUHY – Get Rating) was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totalling 21,900 shares, a decline of 44.4% from the April 30th total of 39,400 shares. Based on an average trading volume of 120,600 shares, the short-interest ratio is currently 0.2 days.
Straumann Stock Performance
Shares of Straumann stock opened at $14.78 on Friday. The company has a fifty day simple moving average of $14.98 and a 200-day simple moving average of $13.35. Straumann has a 12-month low of $8.65 and a 12-month high of $16.03.
Straumann Increases Dividend
The firm also recently declared a dividend, which was paid on Friday, April 28th. Investors of record on Wednesday, April 12th were paid a dividend of $0.0493 per share. The ex-dividend date was Tuesday, April 11th. This represents a yield of 0.37%. This is a boost from Straumann’s previous dividend of $0.04.
Wall Street Analyst Weigh In
Straumann Holding AG engages in the provision of implant, restorative, and regenerative dentistry solutions to dental professionals and laboratories. It operates through the following segments: Sales Western Europe, Sales Central Eastern Europe, Middle East and Africa (CEEMEA), Sales North America (NAM), Sales Asia Pacific (APAC), Sales Latin America (LATAM), and Operations.
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