Johnson Matthey PLC (OTCMKTS:JMPLY) Short Interest Down 50.0% in August

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 significant drop in short interest in 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. Approximately 0.0% of the company's shares are short sold. Based on an average daily volume of 2,100 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 2,100 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company's shares are short sold.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on JMPLY shares. Zacks Research upgraded Johnson Matthey from a "strong sell" rating to a "hold" rating in a research report on Monday, August 18th. Kepler Capital Markets upgraded Johnson Matthey to a "hold" rating in a research report on Wednesday, June 25th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of "Hold".

Johnson Matthey Stock Performance

Shares of OTCMKTS:JMPLY remained flat at $51.66 during trading on Friday. The stock had a trading volume of 141 shares, compared to its average volume of 819. Johnson Matthey has a fifty-two week low of $29.01 and a fifty-two week high of $52.70. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.42 and a quick ratio of 1.01. The firm has a 50 day simple moving average of $49.99 and a 200-day simple moving average of $42.80.

Johnson Matthey Company Profile

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.

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