Smiths Group plc (OTCMKTS:SMGZY) Short Interest Up 25.3% in May

Smiths Group plc (OTCMKTS:SMGZY - Get Free Report) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 36,100 shares, an increase of 25.3% from the April 30th total of 28,800 shares. Based on an average daily trading volume, of 81,000 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the company's shares are sold short.

Smiths Group Stock Performance

Shares of SMGZY stock traded up $0.12 during trading on Thursday, hitting $30.75. 9,684 shares of the stock traded hands, compared to its average volume of 15,544. Smiths Group has a 52-week low of $19.34 and a 52-week high of $30.90. The company has a quick ratio of 1.39, a current ratio of 2.07 and a debt-to-equity ratio of 0.28. The firm's fifty day moving average price is $26.35 and its 200-day moving average price is $24.81.

Smiths Group Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, May 21st. Shareholders of record on Friday, April 4th were given a $0.1839 dividend. The ex-dividend date of this dividend was Friday, April 4th.

About Smiths Group

Smiths Group plc operates as a technology company in Americas, Europe, the Asia Pacific, and internationally. It operates through four divisions: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect. The John Crane division offers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems.