Short Interest in Constellation Software Inc. (OTCMKTS:CNSWF) Decreases By 11.5%

Posted by Cynthia Vaughn on Dec 15th, 2024

Constellation Software Inc. (OTCMKTS:CNSWF – Get Free Report) was the recipient of a large decline in short interest during the month of November. As of November 30th, there was short interest totalling 36,100 shares, a decline of 11.5% from the November 15th total of 40,800 shares. Based on an average trading volume of 1,900 shares, the days-to-cover ratio is presently 19.0 days.

Wall Street Analyst Weigh In

Separately, UBS Group raised Constellation Software to a “strong-buy” rating in a research note on Thursday, November 21st.

Get Our Latest Research Report on CNSWF

Constellation Software Price Performance

Shares of OTCMKTS CNSWF traded up $14.32 during midday trading on Friday, hitting $3,276.88. 833 shares of the company’s stock were exchanged, compared to its average volume of 1,370. The business’s fifty day moving average price is $3,214.91 and its two-hundred day moving average price is $3,091.33. Constellation Software has a 12-month low of $2,365.00 and a 12-month high of $3,450.00. The company has a current ratio of 0.93, a quick ratio of 0.92 and a debt-to-equity ratio of 1.18. The company has a market cap of $69.44 billion, a price-to-earnings ratio of 118.38 and a beta of 1.05.

Constellation Software Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, December 20th will be issued a $1.00 dividend. The ex-dividend date is Friday, December 20th. This represents a $4.00 dividend on an annualized basis and a yield of 0.12%. Constellation Software’s dividend payout ratio (DPR) is 14.45%.

Constellation Software Company Profile

(Get Free Report)

Constellation Software Inc, together with its subsidiaries, acquires, builds, and manages vertical market software businesses in Canada, the United States, Europe, and internationally. It provides mission critical software solutions for public and private sector markets. The company is also involved in the software licensing; and sale of third-party hardware.