L’Oréal S.A. (OTCMKTS:LRLCY) Short Interest Update

L’Oréal S.A. (OTCMKTS:LRLCY) saw a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 18,100 shares, a decline of 15.0% from the March 31st total of 21,300 shares. Based on an average trading volume of 203,700 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Separately, Berenberg Bank raised L’Oréal from a “hold” rating to a “buy” rating in a research note on Tuesday, February 27th.

L’Oréal Stock Up 0.5 %

LRLCY stock traded up $0.42 during trading on Tuesday, hitting $93.62. The stock had a trading volume of 62,802 shares, compared to its average volume of 107,304. The company has a current ratio of 1.10, a quick ratio of 0.79 and a debt-to-equity ratio of 0.16. The company’s 50 day moving average price is $94.30 and its two-hundred day moving average price is $93.26. L’Oréal has a 1-year low of $77.11 and a 1-year high of $100.28.

L’Oréal Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, May 21st. Shareholders of record on Thursday, April 25th will be issued a $1.4219 dividend. The ex-dividend date of this dividend is Wednesday, April 24th. This is an increase from L’Oréal’s previous dividend of $1.03.

L’Oréal Company Profile

L'Oréal SA, through its subsidiaries, manufactures and sells cosmetic products for women and men worldwide. The company operates through four divisions: Consumer Products, L'oréal Luxe, Professional Products, and Dermatological Beauty. It offers skincare, make-up, hair colourants, haircare, perfumes, and hygiene products.