Short Interest in Constellation Software Inc. (OTCMKTS:CNSWF) Rises By 6.9%

Constellation Software Inc. (OTCMKTS:CNSWF) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totalling 38,600 shares, a growth of 6.9% from the November 30th total of 36,100 shares. Based on an average trading volume of 2,000 shares, the days-to-cover ratio is presently 19.3 days.

Analysts Set New Price Targets

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

Constellation Software Stock Down 0.5 %

Shares of Constellation Software stock opened at $3,099.00 on Thursday. The company has a 50-day simple moving average of $3,202.86 and a two-hundred day simple moving average of $3,124.08. The stock has a market capitalization of $65.67 billion, a PE ratio of 111.96 and a beta of 1.05. Constellation Software has a 52-week low of $2,405.00 and a 52-week high of $3,450.00. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.92 and a current ratio of 0.93.

Constellation Software Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Friday, December 20th will be given a $1.00 dividend. The ex-dividend date of this dividend is Friday, December 20th. This represents a $4.00 annualized dividend and a yield of 0.13%. Constellation Software’s dividend payout ratio (DPR) is presently 14.45%.

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.