Carl Zeiss Meditec AG (OTCMKTS:CZMWY – Get Free Report) saw a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 400 shares, a growth of 100.0% from the March 15th total of 200 shares. Based on an average daily volume of 900 shares, the days-to-cover ratio is presently 0.4 days.
Carl Zeiss Meditec Price Performance
CZMWY stock traded down $3.15 during midday trading on Friday, hitting $108.42. 1,154 shares of the company’s stock were exchanged, compared to its average volume of 847. Carl Zeiss Meditec has a 12-month low of $77.44 and a 12-month high of $141.75. The firm has a 50 day moving average price of $122.55 and a 200-day moving average price of $105.59.
Carl Zeiss Meditec Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Wednesday, April 10th. Shareholders of record on Monday, March 25th were issued a dividend of $0.8282 per share. The ex-dividend date was Friday, March 22nd. Carl Zeiss Meditec’s dividend payout ratio is presently 32.64%.
About Carl Zeiss Meditec
Carl Zeiss Meditec AG operates as a medical technology company in Germany, rest of Europe, North America, and Asia. It operates in two segments, Ophthalmology and Microsurgery. The Ophthalmology segment offers products and solutions for the diagnosis and treatment of chronic eye diseases, such as ametropia (refraction), cataracts, glaucoma, and renital disorders.
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