Thule Group AB (publ) (OTCMKTS:THUPY) Short Interest Up 25.0% in August

Thule Group AB (publ) (OTCMKTS:THUPY) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 500 shares, a growth of 25.0% from the August 15th total of 400 shares. Based on an average daily volume of 900 shares, the days-to-cover ratio is currently 0.6 days.

Thule Group AB (publ) Price Performance

Shares of THUPY opened at $14.10 on Friday. The company’s 50-day moving average is $13.85 and its 200-day moving average is $14.05. Thule Group AB has a fifty-two week low of $10.53 and a fifty-two week high of $15.36.

Thule Group AB (publ) Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, October 25th. Stockholders of record on Monday, October 7th will be given a $0.2332 dividend. The ex-dividend date of this dividend is Monday, October 7th. This is a positive change from Thule Group AB (publ)’s previous dividend of $0.22.

About Thule Group AB (publ)

Thule Group AB (publ) operates as a sports and outdoor company in Sweden and internationally. The company offers roof racks, roof boxes, and carriers for transporting cycling, water, and winter sports equipment; rooftop tents mounted on a car; awnings, bike carriers, and tents for RVs and caravans; bike trailers, child bike seats, and strollers; luggage, backpacks, and laptop and sport bags; and hiking backpacks, camera bags, and cases for consumer electronics.