Rexel S.A. (OTCMKTS:RXEEY) Short Interest Update

Rexel S.A. (OTCMKTS:RXEEY) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totalling 46,100 shares, an increase of 46,000.0% from the June 15th total of 100 shares. Based on an average daily trading volume, of 20,900 shares, the short-interest ratio is presently 2.2 days.

Rexel Stock Performance

Shares of OTCMKTS:RXEEY opened at $28.48 on Friday. The stock’s fifty day simple moving average is $28.57 and its two-hundred day simple moving average is $27.23. Rexel has a 1-year low of $19.47 and a 1-year high of $31.35.

Rexel Announces Dividend

The company also recently declared an annual dividend, which was paid on Monday, June 3rd. Stockholders of record on Tuesday, May 14th were issued a $1.281 dividend. This represents a dividend yield of 4.72%. The ex-dividend date of this dividend was Monday, May 13th. Rexel’s payout ratio is 78.33%.

Rexel Company Profile

Rexel SA, together with its subsidiaries, engages in distribution of low and ultra-low voltage electrical products and services for the residential, commercial, and industrial markets in France, Europe, North America, and Asia-Pacific. The company offers smart cameras, sensors, controllers, and monitoring software; light sources, lights, and control switches; climate control products, including heat pumps, air conditioning, and water heaters; fire alarms, surveillance equipment, access controls devices, and emergency lightings; and connection cables, and switches and routers, as well as enclosures, mounts, and racks.