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

Hexagon AB (publ) (OTCMKTS:HXGBY) was the target 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 short-interest ratio is presently 0.1 days.

Hexagon AB (publ) Stock Down 0.5 %

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

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

Hexagon AB (publ) Increases Dividend

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