Short Interest in Koninklijke Vopak (OTCMKTS:VOPKY) Declines By 38.5%

Koninklijke Vopak (OTCMKTS:VOPKY) saw a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 800 shares, a decrease of 38.5% from the February 29th total of 1,300 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is presently 2.0 days.

Koninklijke Vopak Price Performance

Shares of Koninklijke Vopak stock opened at $38.00 on Friday. The company has a 50-day moving average of $34.65 and a two-hundred day moving average of $33.82. Koninklijke Vopak has a 12-month low of $31.65 and a 12-month high of $39.01.

Koninklijke Vopak (OTCMKTS:VOPKY) last released its quarterly earnings data on Wednesday, February 14th. The company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.12. The firm had revenue of $379.89 million during the quarter. Koninklijke Vopak had a return on equity of 12.97% and a net margin of 32.00%. As a group, equities research analysts forecast that Koninklijke Vopak will post 3.19 earnings per share for the current year.

Koninklijke Vopak Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, May 17th. Stockholders of record on Monday, April 29th will be given a $1.3347 dividend. The ex-dividend date is Friday, April 26th. This is a boost from Koninklijke Vopak’s previous dividend of $1.16. Koninklijke Vopak’s dividend payout ratio (DPR) is currently 29.77%.

About Koninklijke Vopak

Koninklijke Vopak N.V., an independent tank storage company, stores and handles liquid chemicals, gases, and oil products to the energy and manufacturing markets worldwide. The company operates LPG and chemical gas, industrial, chemical, and oil terminals; and owns and operates specialized facilities consisting of tanks, jetties, truck loading stations, and pipelines.