Short Interest in Fossil Group, Inc. 7% Senior Notes due 2026 (NASDAQ:FOSLL) Grows By 12.7%

Fossil Group, Inc. 7% Senior Notes due 2026 (NASDAQ:FOSLL) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 6,200 shares, an increase of 12.7% from the August 31st total of 5,500 shares. Based on an average trading volume of 10,900 shares, the days-to-cover ratio is currently 0.6 days.

Hedge Funds Weigh In On Fossil Group, Inc. 7% Senior Notes due 2026

A hedge fund recently bought a new stake in Fossil Group, Inc. 7% Senior Notes due 2026 stock. Cohanzick Management LLC bought a new stake in Fossil Group, Inc. 7% Senior Notes due 2026 (NASDAQ:FOSLL) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 338,530 shares of the company’s stock, valued at approximately $4,756,000. Fossil Group, Inc. 7% Senior Notes due 2026 accounts for about 2.9% of Cohanzick Management LLC’s portfolio, making the stock its 5th biggest position.

Fossil Group, Inc. 7% Senior Notes due 2026 Price Performance

FOSLL stock traded up $0.20 during trading on Friday, hitting $13.95. 9,263 shares of the company’s stock traded hands, compared to its average volume of 12,826. Fossil Group, Inc. 7% Senior Notes due 2026 has a 52 week low of $9.00 and a 52 week high of $17.03. The business has a fifty day simple moving average of $13.72 and a 200 day simple moving average of $12.16.

Fossil Group, Inc. 7% Senior Notes due 2026 Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Saturday, August 31st. Shareholders of record on Thursday, August 15th were given a dividend of $0.4375 per share. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $1.75 annualized dividend and a yield of 12.54%.

About Fossil Group, Inc. 7% Senior Notes due 2026

fossil group, inc. is a global design, marketing, distribution and innovation company specializing in lifestyle accessories. under a diverse portfolio of owned and licensed brands, our offerings include fashion watches, jewelry, handbags, small leather goods and wearables. with our newest owned brand, misfit, we’re bringing style and technology to the high-growth connected space.