Fossil Group, Inc. 7% Senior Notes due 2026 (NASDAQ:FOSLL) Sees Significant Increase in Short Interest

Posted by Doug Madison on Oct 1st, 2024

Fossil Group, Inc. 7% Senior Notes due 2026 (NASDAQ:FOSLL – Get Free Report) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totalling 6,200 shares, an increase of 12.7% from the August 31st total of 5,500 shares. Based on an average daily volume of 10,900 shares, the short-interest ratio is presently 0.6 days.

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

A hedge fund recently bought a new stake in Fossil Group, Inc. 7% Senior Notes due 2026 stock. Cohanzick Management LLC purchased a new position in shares of Fossil Group, Inc. 7% Senior Notes due 2026 (NASDAQ:FOSLL – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 338,530 shares of the company’s stock, valued at approximately $4,756,000. Fossil Group, Inc. 7% Senior Notes due 2026 accounts for approximately 2.9% of Cohanzick Management LLC’s investment portfolio, making the stock its 5th largest position.

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

Shares of NASDAQ FOSLL opened at $13.62 on Tuesday. The business has a 50-day moving average of $13.73 and a 200-day moving average of $12.20. Fossil Group, Inc. 7% Senior Notes due 2026 has a fifty-two week low of $9.00 and a fifty-two week high of $17.03.

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

The business also recently declared a quarterly dividend, which was paid on Saturday, August 31st. Shareholders of record on Thursday, August 15th were paid a $0.4375 dividend. The ex-dividend date was Thursday, August 15th. This represents a $1.75 dividend on an annualized basis and a yield of 12.85%.

Fossil Group, Inc. 7% Senior Notes due 2026 Company Profile

(Get Free Report)

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.