Short Interest in Hexagon AB (publ) (OTCMKTS:HXGBY) Rises By 510.6%

Hexagon AB (publ) (OTCMKTS:HXGBY) was the recipient of a large growth in short interest in June. As of June 30th, there was short interest totalling 86,100 shares, a growth of 510.6% from the June 15th total of 14,100 shares. Based on an average daily volume of 187,100 shares, the days-to-cover ratio is presently 0.5 days.

Hexagon AB (publ) Stock Up 2.1 %

HXGBY traded up $0.23 during midday trading on Friday, hitting $11.33. The stock had a trading volume of 78,142 shares, compared to its average volume of 74,073. Hexagon AB has a 1 year low of $7.82 and a 1 year high of $12.35. The business has a fifty day moving average of $11.16 and a 200 day moving average of $11.33.

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

Hexagon AB (publ) Increases Dividend

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

Hexagon AB (publ) Company Profile

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.