Bel Fuse Inc. (NASDAQ:BELFA – Get Free Report) was the recipient of a significant increase in short interest in the month of February. As of February 29th, there was short interest totalling 56,700 shares, an increase of 161.3% from the February 14th total of 21,700 shares. Based on an average daily volume of 6,000 shares, the days-to-cover ratio is currently 9.5 days. Approximately 3.5% of the shares of the company are short sold.
Bel Fuse Trading Up 0.9 %
NASDAQ:BELFA opened at $67.10 on Wednesday. The stock has a fifty day moving average price of $66.80 and a two-hundred day moving average price of $56.95. The stock has a market capitalization of $857.54 million, a price-to-earnings ratio of 12.13 and a beta of 1.39. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.21 and a current ratio of 3.45. Bel Fuse has a 1 year low of $31.15 and a 1 year high of $78.77.
Bel Fuse Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 15th will be given a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 0.36%. The ex-dividend date is Friday, April 12th. Bel Fuse’s payout ratio is 4.34%.
Institutional Inflows and Outflows
Bel Fuse Company Profile
Bel Fuse Inc designs, manufactures, markets, and sells products that are used in the networking, telecommunications, computing, general industrial, high-speed data transmission, military, commercial aerospace, transportation, and e-Mobility industries in the United States, the People's Republic of China, Macao, the United Kingdom, Slovakia, Germany, India, Switzerland, and internationally.
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