Thule Group AB (publ) (OTCMKTS:THUPY) Sees Significant Decline in Short Interest

Thule Group AB (publ) (OTCMKTS:THUPY) was the target of a large decline in short interest in September. As of September 15th, there was short interest totalling 100 shares, a decline of 80.0% from the August 31st total of 500 shares. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is presently 0.2 days.

Thule Group AB (publ) Price Performance

OTCMKTS THUPY remained flat at $13.99 during trading on Thursday. 19 shares of the company’s stock were exchanged, compared to its average volume of 881. The stock has a fifty day simple moving average of $13.90 and a 200-day simple moving average of $14.09. Thule Group AB has a 1 year low of $10.53 and a 1 year 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 paid a $0.2332 dividend. This is an increase from Thule Group AB (publ)’s previous dividend of $0.22. The ex-dividend date of this dividend is Monday, October 7th.

Thule Group AB (publ) Company Profile

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.