Short Interest in Constellation Software Inc. (OTCMKTS:CNSWF) Grows By 34.4%

Constellation Software Inc. (OTCMKTS:CNSWF) was the target of a significant increase in short interest in May. As of May 31st, there was short interest totalling 26,200 shares, an increase of 34.4% from the May 15th total of 19,500 shares. Based on an average daily volume of 900 shares, the short-interest ratio is presently 29.1 days.

Constellation Software Price Performance

Shares of Constellation Software stock traded down $21.00 during midday trading on Friday, reaching $2,753.96. The company had a trading volume of 380 shares, compared to its average volume of 1,207. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.91 and a current ratio of 0.92. The stock has a fifty day simple moving average of $2,717.33 and a 200 day simple moving average of $2,672.04. Constellation Software has a 1-year low of $1,917.16 and a 1-year high of $2,942.44.

Constellation Software (OTCMKTS:CNSWF) last issued its quarterly earnings results on Friday, May 10th. The company reported $27.60 earnings per share for the quarter. The business had revenue of $2.35 billion during the quarter. Constellation Software had a net margin of 5.95% and a return on equity of 77.67%.

Constellation Software Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 11th. Shareholders of record on Thursday, June 20th will be paid a $1.00 dividend. The ex-dividend date is Thursday, June 20th. This represents a $4.00 dividend on an annualized basis and a yield of 0.15%. Constellation Software’s payout ratio is presently 16.11%.

About Constellation Software

Constellation Software Inc, together with its subsidiaries, acquires, builds, and manages vertical market software businesses in Canada, the United States, Europe, and internationally. It provides mission critical software solutions for public and private sector markets. The company is also involved in the software licensing; and sale of third-party hardware.