Johnson Matthey PLC (OTCMKTS:JMPLY) Short Interest Update

Key Points

• Short interest in Johnson Matthey PLC dropped by 50.0% in August, with only 100 shares reported as short sold by the end of the month.
• Equity analysts have upgraded Johnson Matthey, with Zacks Research changing their rating to "hold," indicating a more positive outlook on the stock.
• The company's stock is currently trading at $51.66, maintaining a fifty-two week range between $29.01 and $52.70.

Johnson Matthey PLC (OTCMKTS:JMPLY - Get Free Report) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 100 shares, a drop of 50.0% from the August 15th total of 200 shares. Based on an average daily trading volume, of 2,100 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company's shares are short sold. Approximately 0.0% of the company's shares are short sold. Based on an average daily trading volume, of 2,100 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analyst Weigh In

JMPLY has been the topic of a number of research analyst reports. Zacks Research raised Johnson Matthey from a "strong sell" rating to a "hold" rating in a research note on Monday, August 18th. Kepler Capital Markets upgraded Johnson Matthey to a "hold" rating in a report on Wednesday, June 25th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, Johnson Matthey currently has a consensus rating of "Hold".

Johnson Matthey Stock Up 0.3%

JMPLY stock traded up $0.15 during trading on Friday, reaching $52.08. 1,700 shares of the company's stock were exchanged, compared to its average volume of 1,284. The company has a current ratio of 1.42, a quick ratio of 1.01 and a debt-to-equity ratio of 0.57. Johnson Matthey has a 1-year low of $29.01 and a 1-year high of $53.12. The company's fifty day moving average price is $50.18 and its 200-day moving average price is $43.30.

About Johnson Matthey

Johnson Matthey is a global leader in science that enables a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, they improve the function, performance and safety of their customers' products. Their science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet's natural resources.