Short Interest in Constellation Software Inc. (OTCMKTS:CNSWF) Expands By 22.9%

Constellation Software Inc. (OTCMKTS:CNSWF) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 40,800 shares, a growth of 22.9% from the October 31st total of 33,200 shares. Based on an average daily volume of 2,100 shares, the days-to-cover ratio is currently 19.4 days.

Constellation Software Stock Down 0.1 %

Shares of CNSWF traded down $4.80 on Friday, reaching $3,353.28. The stock had a trading volume of 200 shares, compared to its average volume of 1,041. Constellation Software has a 12-month low of $2,329.00 and a 12-month high of $3,423.95. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.89 and a current ratio of 0.90. The company has a 50-day simple moving average of $3,199.06 and a 200-day simple moving average of $3,052.89. The firm has a market capitalization of $71.06 billion, a price-to-earnings ratio of 121.14 and a beta of 1.04.

Constellation Software Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Friday, December 20th will be given a dividend of $1.00 per share. 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 payout ratio is presently 14.45%.

Analyst Ratings Changes

Separately, UBS Group upgraded shares of Constellation Software to a “strong-buy” rating in a report on Thursday, November 21st.

About Constellation Software

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.