Dominos Pizza UK (OTCMKTS:DPUKY) Sees Large Growth in Short Interest

Key Points

• Short Interest Growth: Dominos Pizza UK experienced a significant increase in short interest, growing by 500% from 100 shares in July to 600 shares by August 15th.
• Stock Buyback Plan: The company's Board of Directors has authorized a stock buyback plan, indicating a belief that the stock may be undervalued.
• Dividend Disclosure: Dominos Pizza UK announced a dividend of $0.0765 per share, leading to a substantial yield of 434.0%.

Dominos Pizza UK (OTCMKTS:DPUKY - Get Free Report) was the target of a large growth in short interest in the month of August. As of August 15th, there was short interest totaling 600 shares, agrowthof500.0% from the July 31st total of 100 shares. Based on an average daily trading volume, of 900 shares, the short-interest ratio is currently 0.7 days. Based on an average daily trading volume, of 900 shares, the short-interest ratio is currently 0.7 days.

Dominos Pizza UK Trading Up 3.9%

Shares of OTCMKTS DPUKY traded up $0.21 during midday trading on Tuesday, hitting $5.62. The company's stock had a trading volume of 1,032 shares, compared to its average volume of 7,362. The firm's fifty day moving average price is $6.33 and its 200-day moving average price is $6.98. Dominos Pizza UK has a 1-year low of $5.35 and a 1-year high of $8.91.

Dominos Pizza UK announced that its Board of Directors has authorized a stock buyback plan on Monday, September 1st that permits the company to repurchase 0 outstanding shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company's leadership believes its stock is undervalued.

Dominos Pizza UK Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, October 14th. Investors of record on Monday, August 18th will be given a $0.0765 dividend. The ex-dividend date is Friday, August 15th. This represents a yield of 434.0%.

Dominos Pizza UK Company Profile

Domino's Pizza Group plc owns, operates, and franchises Domino's Pizza stores. It operates stores in the United Kingdom and the Republic of Ireland, as well as leases its stores. The company was formerly known as Domino's Pizza UK & IRL plc and changed its name to Domino's Pizza Group plc in May 2012.

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