Hexagon AB (publ) (OTCMKTS:HXGBY) Short Interest Update

Hexagon AB (publ) (OTCMKTS:HXGBY) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 14,100 shares, an increase of 605.0% from the May 31st total of 2,000 shares. Based on an average daily volume of 107,300 shares, the days-to-cover ratio is currently 0.1 days.

Hexagon AB (publ) Stock Performance

Hexagon AB (publ) stock traded down $0.05 during mid-day trading on Friday, reaching $11.05. The company’s stock had a trading volume of 42,589 shares, compared to its average volume of 73,606. The business has a 50 day moving average price of $11.07 and a 200-day moving average price of $11.34. Hexagon AB has a twelve month low of $7.82 and a twelve month high of $12.35.

Hexagon AB (publ) (OTCMKTS:HXGBY) last announced its quarterly earnings results on Sunday, April 28th. The company reported $0.11 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.11. The firm had revenue of $1.41 billion for the quarter.

Hexagon AB (publ) Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, May 28th. Stockholders of record on Thursday, May 2nd were issued a dividend of $0.1381 per share. This is an increase from Hexagon AB (publ)’s previous dividend of $0.09. The ex-dividend date was Wednesday, May 1st. Hexagon AB (publ)’s payout ratio is 7.61%.

About Hexagon AB (publ)

Hexagon AB (publ) provides geospatial and industrial enterprise solutions worldwide. The company offers analysis and management, machine control, embedded electronics, monitoring, and planning and optimization solutions to agriculture division; 3D design and visualization, enterprise asset and asset lifecycle management, OT/ICS cyber security, engineering and schematics, enterprise project performance, operation and maintenance, procurement, fabrication, and construction services for asset lifecycle intelligence division; GNSS and SMART antennas, anti-jam systems, autonomy kits and services, correction services, GNSS/INS receivers and post processing, resilience and integrity technology, and visualization software for autonomy and positioning division; and 3D surveillance, AEC and survey software, geospatial content, machine control, digital realities platform, laser scanning and measurement tools, levels, total stations, airborne, monitoring, document and verification solutions, detection, GNSS, and mobile mapping system to geosystem division.