Legrand SA (OTCMKTS:LGRDY) Short Interest Down 31.1% in June

Legrand SA (OTCMKTS:LGRDY) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totalling 19,300 shares, a decrease of 31.1% from the May 31st total of 28,000 shares. Based on an average trading volume of 102,000 shares, the short-interest ratio is currently 0.2 days.

Legrand Price Performance

Shares of LGRDY traded down $0.35 during trading hours on Friday, reaching $19.84. The company’s stock had a trading volume of 75,971 shares, compared to its average volume of 125,673. The company has a 50 day moving average of $21.16 and a two-hundred day moving average of $20.58. Legrand has a 1-year low of $16.75 and a 1-year high of $22.68.

Legrand Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, June 20th. Shareholders of record on Thursday, May 30th were paid a dividend of $0.4504 per share. This is a positive change from Legrand’s previous dividend of $0.30. The ex-dividend date was Thursday, May 30th.

About Legrand

Legrand SA, together with its subsidiaries, manufactures, distributes, and sells electrical and digital building infrastructures in Europe, North and Central America, and internationally. The company offers energy distribution, protection, and management solutions, such as electric vehicle charging, residential and small commercial panels, switchboards and power cabinets, and UPS devices; and wiring devices, connected home and building control solutions, and guestroom solutions, as well as back, junction, DCL, and floor boxes.