Tomra Systems ASA (OTCMKTS:TMRAY) Short Interest Update

Tomra Systems ASA (OTCMKTS:TMRAY) was the recipient of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 900 shares, a growth of 800.0% from the March 15th total of 100 shares. Based on an average daily volume of 6,500 shares, the days-to-cover ratio is currently 0.1 days.

Tomra Systems ASA Stock Performance

Shares of Tomra Systems ASA stock traded down $0.78 during midday trading on Friday, hitting $13.73. The company had a trading volume of 412 shares, compared to its average volume of 2,402. The company has a fifty day simple moving average of $13.49 and a 200 day simple moving average of $11.36. Tomra Systems ASA has a 12-month low of $7.32 and a 12-month high of $16.86.

Tomra Systems ASA Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, May 20th. Investors of record on Monday, April 29th will be given a $0.1199 dividend. This is a positive change from Tomra Systems ASA’s previous dividend of $0.12. The ex-dividend date is Friday, April 26th. Tomra Systems ASA’s dividend payout ratio (DPR) is presently 4.88%.

About Tomra Systems ASA

Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. It operates through three segments: TOMRA Collection, TOMRA Recycling, and TOMRA Food. The TOMRA Collection segment engages in the development, production, sale, and service of reverse vending machines and related data management systems.