Fossil Group, Inc. 7% Senior Notes due 2026 (NASDAQ:FOSLL) Short Interest Up 1,038.1% in June

Fossil Group, Inc. 7% Senior Notes due 2026 (NASDAQ:FOSLL) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 47,800 shares, a growth of 1,038.1% from the May 31st total of 4,200 shares. Based on an average daily volume of 14,300 shares, the short-interest ratio is currently 3.3 days.

Fossil Group, Inc. 7% Senior Notes due 2026 Stock Performance

Shares of FOSLL stock traded down $0.14 during trading hours on Thursday, hitting $14.01. 2,200 shares of the company were exchanged, compared to its average volume of 13,728. Fossil Group, Inc. 7% Senior Notes due 2026 has a one year low of $9.00 and a one year high of $19.00. The business’s 50-day simple moving average is $11.52 and its two-hundred day simple moving average is $11.95.

Fossil Group, Inc. 7% Senior Notes due 2026 Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 31st. Shareholders of record on Wednesday, May 15th were issued a dividend of $0.4375 per share. This represents a $1.75 dividend on an annualized basis and a yield of 12.49%. The ex-dividend date was Tuesday, May 14th.

Institutional Investors Weigh In On Fossil Group, Inc. 7% Senior Notes due 2026

An institutional investor recently bought a new position in Fossil Group, Inc. 7% Senior Notes due 2026 stock. Cohanzick Management LLC bought a new position in Fossil Group, Inc. 7% Senior Notes due 2026 (NASDAQ:FOSLL) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 338,530 shares of the company’s stock, valued at approximately $4,756,000. Fossil Group, Inc. 7% Senior Notes due 2026 comprises approximately 2.9% of Cohanzick Management LLC’s portfolio, making the stock its 5th largest position.

About Fossil Group, Inc. 7% Senior Notes due 2026

fossil group, inc. is a global design, marketing, distribution and innovation company specializing in lifestyle accessories. under a diverse portfolio of owned and licensed brands, our offerings include fashion watches, jewelry, handbags, small leather goods and wearables. with our newest owned brand, misfit, we’re bringing style and technology to the high-growth connected space.