Johnson Matthey PLC (OTCMKTS:JMPLY) Short Interest Update

Key Points

• Johnson Matthey PLC experienced a significant drop in short interest, falling 64.3% to just 500 shares as of July 31st.
• Kepler Capital Markets upgraded Johnson Matthey's rating to "hold" on June 25th, suggesting a cautious outlook on the stock.
• The company recently announced a substantial dividend increase, with a yield of 418.0% after issuing a dividend of $1.4549 per share, up from $0.54.

Johnson Matthey PLC (OTCMKTS:JMPLY - Get Free Report) was the target of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 500 shares, adropof64.3% from the July 15th total of 1,400 shares. Based on an average trading volume of 1,000 shares, the short-interest ratio is currently 0.5 days. Approximately0.0% of the company's shares are short sold. Approximately0.0% of the company's shares are short sold. Based on an average trading volume of 1,000 shares, the short-interest ratio is currently 0.5 days.

Analyst Upgrades and Downgrades

Separately, Kepler Capital Markets upgraded shares of Johnson Matthey to a "hold" rating in a research report on Wednesday, June 25th.

Johnson Matthey Stock Performance

Shares of JMPLY stock traded up $0.59 during trading on Friday, reaching $50.05. The company's stock had a trading volume of 738 shares, compared to its average volume of 746. The company has a current ratio of 1.42, a quick ratio of 1.01 and a debt-to-equity ratio of 0.57. The stock's 50-day moving average price is $48.37 and its 200 day moving average price is $40.66. Johnson Matthey has a 1-year low of $29.01 and a 1-year high of $50.88.

Johnson Matthey Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, August 15th. Investors of record on Monday, June 9th were issued a $1.4549 dividend. This represents a dividend yield of 418.0%. This is an increase from Johnson Matthey's previous dividend of $0.54. The ex-dividend date was Friday, June 6th.

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.

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