Euronav NV (NYSE:CMBT) Short Interest Up 8.5% in September

Euronav NV (NYSE:CMBT) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 230,300 shares, an increase of 8.5% from the August 31st total of 212,200 shares. Currently, 1.5% of the shares of the company are short sold. Based on an average trading volume of 159,400 shares, the short-interest ratio is presently 1.4 days.

Euronav Trading Up 1.2 %

NYSE CMBT traded up $0.20 on Tuesday, reaching $16.82. 138,176 shares of the stock were exchanged, compared to its average volume of 674,189. Euronav has a one year low of $14.10 and a one year high of $21.26. The firm has a market cap of $3.39 billion, a price-to-earnings ratio of 7.45 and a beta of -0.08. The firm’s 50-day moving average price is $16.40. The company has a debt-to-equity ratio of 1.54, a current ratio of 1.37 and a quick ratio of 1.32.

Euronav (NYSE:CMBT) last released its quarterly earnings data on Thursday, August 8th. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.22. The firm had revenue of $233.66 million for the quarter. Euronav had a net margin of 112.38% and a return on equity of 22.35%. Sell-side analysts forecast that Euronav will post 1.46 earnings per share for the current fiscal year.

Euronav Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 18th. Stockholders of record on Wednesday, July 10th were given a dividend of $0.189 per share. This represents a $0.76 annualized dividend and a dividend yield of 4.49%. The ex-dividend date of this dividend was Tuesday, July 9th.

Euronav Company Profile

Euronav NV, together with its subsidiaries, engages in the transportation and storage of crude oil worldwide. The company offers floating, storage, and offloading (FSO) services. It also owns and operates a fleet of vessels. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium.