Cementos Argos S.A. (OTCMKTS:CMTOY – Get Free Report) was the recipient of a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 500 shares, a drop of 72.2% from the December 31st total of 1,800 shares. Based on an average trading volume of 2,300 shares, the days-to-cover ratio is presently 0.2 days.
Cementos Argos Trading Up 7.5 %
OTCMKTS:CMTOY traded up $0.89 on Thursday, hitting $12.69. 605 shares of the company’s stock traded hands, compared to its average volume of 1,764. Cementos Argos has a 1 year low of $7.20 and a 1 year high of $13.00. The firm has a 50-day moving average price of $11.83 and a 200-day moving average price of $10.48.
Cementos Argos Increases Dividend
The business also recently disclosed a dividend, which was paid on Tuesday, January 21st. Investors of record on Monday, December 30th were given a dividend of $0.1793 per share. The ex-dividend date of this dividend was Monday, December 30th. This is an increase from Cementos Argos’s previous dividend of $0.09.
About Cementos Argos
Cementos Argos SA offers cement, concrete, aggregates, ready-mix concrete, and hydrated lime products in Colombia, the Caribbean, Central America, and the United States. The company also engages in the reinsurance; property management; transport; and seaports operation businesses. In addition, it exports its products.
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