ConvaTec Group PLC (OTCMKTS:CNVVY) Short Interest Down 29.5% in March

ConvaTec Group PLC (OTCMKTS:CNVVY) saw a significant decline in short interest in March. As of March 15th, there was short interest totalling 9,300 shares, a decline of 29.5% from the February 28th total of 13,200 shares. Based on an average daily volume of 214,600 shares, the days-to-cover ratio is currently 0.0 days.

ConvaTec Group Price Performance

Shares of CNVVY stock traded down $0.03 during trading hours on Monday, hitting $13.40. 8,412 shares of the company’s stock were exchanged, compared to its average volume of 30,402. The stock’s 50-day moving average is $12.91 and its 200-day moving average is $12.12. ConvaTec Group has a 52 week low of $10.77 and a 52 week high of $15.40.

ConvaTec Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, June 12th. Shareholders of record on Tuesday, April 22nd will be given a $0.1847 dividend. The ex-dividend date is Tuesday, April 22nd. This is a boost from ConvaTec Group’s previous dividend of $0.06.

ConvaTec Group Company Profile

ConvaTec Group PLC engages in the development, manufacturing, and sale of medical products, services, and technologies in Europe, North America, and internationally. The company offers advanced wound dressings and skin care products for the management of acute and chronic wounds resulting from various conditions, such as diabetes, and acute conditions resulting from traumatic injury and burns.