Novozymes A/S (OTCMKTS:NVZMY) Short Interest Update

Novozymes A/S (OTCMKTS:NVZMY) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 2,800 shares, an increase of 27.3% from the May 31st total of 2,200 shares. Based on an average daily volume of 19,500 shares, the days-to-cover ratio is presently 0.1 days.

Novozymes A/S Price Performance

Shares of Novozymes A/S stock opened at $60.92 on Tuesday. The firm has a market cap of $28.53 billion, a P/E ratio of 38.65, a price-to-earnings-growth ratio of 3.45 and a beta of 0.90. The firm’s 50-day simple moving average is $60.18 and its 200-day simple moving average is $56.94. Novozymes A/S has a twelve month low of $38.75 and a twelve month high of $63.89. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.80 and a current ratio of 1.30.

Novozymes A/S Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, May 20th. Investors of record on Thursday, May 2nd were given a dividend of $0.1853 per share. The ex-dividend date of this dividend was Wednesday, May 1st. Novozymes A/S’s dividend payout ratio (DPR) is presently 36.08%.

Novozymes A/S Company Profile

Novozymes A/S produces and sells industrial enzymes, microorganisms, and probiotics in Denmark, rest of Europe, North America, Asia Pacific, the Middle East, Africa, Latin America, and internationally. The company offers protein solutions for the food and beverage industry. It also offers industrial hygiene, drain openers, hard surface, medical cleaning, septic tanks, ware washing, and professional laundry services.