Johnson Matthey PLC (OTCMKTS:JMPLY) Short Interest Update

Key Points

• Short interest fell 23.8% to 1,744 shares as of March 13, with a days-to-cover of 1.4 based on average daily volume of 1,228 shares, and the report states 0.0% of shares are sold short.
• Analyst sentiment is a consensus "Moderate Buy" after recent action including Berenberg upgrading to strong-buy and Deutsche Bank reiterating a buy (2 strong buy, 1 buy, 3 hold).
• Price and fundamentals: shares opened at $50.04, below the 50-day ($57.57) and 200-day ($56.47) moving averages and trading in a 52-week range of $29.01–$65.70, with a debt-to-equity of 0.63, quick ratio 1.28 and current ratio 1.65.

Johnson Matthey PLC (OTCMKTS:JMPLY - Get Free Report) saw a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 1,744 shares, a decline of 23.8% from the February 26th total of 2,290 shares. Based on an average daily volume of 1,228 shares, the days-to-cover ratio is currently 1.4 days. Currently, 0.0% of the shares of the stock are sold short.

Johnson Matthey Price Performance

Shares of OTCMKTS:JMPLY opened at $50.04 on Friday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.28 and a current ratio of 1.65. The business has a fifty day moving average of $57.57 and a two-hundred day moving average of $56.47. Johnson Matthey has a 52-week low of $29.01 and a 52-week high of $65.70.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on JMPLY shares. Berenberg Bank upgraded shares of Johnson Matthey from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 5th. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Johnson Matthey in a research report on Wednesday, January 21st. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Johnson Matthey currently has a consensus rating of "Moderate Buy".

About Johnson Matthey

Johnson Matthey plc is a UK-based specialty chemicals and sustainable technologies company with a history dating back to 1817. As a public limited company headquartered in London, it has built a global reputation for expertise in platinum group metals (PGMs) and advanced catalytic materials. The company has evolved from its origins in precious metals refining into diversified segments focused on environmental and energy solutions.

The company's principal business activities encompass the development and manufacture of emission control catalysts for the automotive and industrial sectors, alongside process technologies for chemical production and refining.

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