Experian PLC (OTCMKTS:EXPGY) Sees Significant Growth in Short Interest

Key Points

• Experian PLC saw a dramatic increase in short interest of 673.7% in July, rising from 3,800 shares to 29,400 shares.
• Citigroup maintained a "neutral" rating on Experian shares as of July 16th.
• The company recently increased its dividend to $0.4075 per share, marking a notable increase from the previous dividend of $0.19.

Experian PLC (OTCMKTS:EXPGY - Get Free Report) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 29,400 shares, anincreaseof673.7% from the July 15th total of 3,800 shares. Currently,0.0% of the company's shares are sold short. Based on an average daily volume of 183,500 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 183,500 shares, the short-interest ratio is presently 0.2 days. Currently,0.0% of the company's shares are sold short.

Experian Trading Up 0.4%

Shares of Experian stock traded up $0.20 on Tuesday, hitting $51.70. 45,140 shares of the company traded hands, compared to its average volume of 92,144. The stock's 50 day moving average price is $52.28 and its 200-day moving average price is $49.56. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.71 and a current ratio of 0.71. Experian has a 52 week low of $39.08 and a 52 week high of $55.21.

Experian Increases Dividend

The business also recently declared a dividend, which was paid on Friday, July 18th. Stockholders of record on Monday, June 23rd were paid a dividend of $0.4075 per share. This is a boost from Experian's previous dividend of $0.19. This represents a dividend yield of 114.0%. The ex-dividend date of this dividend was Friday, June 20th.

Wall Street Analysts Forecast Growth

Separately, Citigroup reissued a "neutral" rating on shares of Experian in a research note on Wednesday, July 16th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy".

Experian Company Profile

Experian plc, together with its subsidiaries, operates as a technology company in North America, Latin America, the United Kingdom, Ireland, Europe, the Middle East, Africa, and the Asia Pacific. It operates in two segments, Business-to-Business and Consumer Services. The company collects, sorts, aggregates, and transforms data from various sources to provide a range of data-driven services.