Fossil Group, Inc. 7% Senior Notes due 2026 (NASDAQ:FOSLL) Shares Down 0.7%

Fossil Group, Inc. 7% Senior Notes due 2026 (NASDAQ:FOSLL)’s share price dropped 0.7% during trading on Wednesday . The stock traded as low as $13.50 and last traded at $13.91. Approximately 6,261 shares traded hands during trading, a decline of 52% from the average daily volume of 13,147 shares. The stock had previously closed at $14.00.

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

The company’s 50-day simple moving average is $13.57 and its 200 day simple moving average is $12.03.

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

The business also recently declared a quarterly dividend, which was paid on Saturday, August 31st. Stockholders of record on Thursday, August 15th were paid 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 dividend yield of 12.77%.

Institutional Investors 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 shares of Fossil Group, Inc. 7% Senior Notes due 2026 (NASDAQ:FOSLL) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund 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 holding.

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.