Johnson Matthey PLC (OTCMKTS:JMPLY) Short Interest Up 29.8% in December

Johnson Matthey PLC (OTCMKTS:JMPLY) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 479 shares, an increase of 29.8% from the November 30th total of 369 shares. Based on an average daily trading volume, of 761 shares, the short-interest ratio is currently 0.6 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 761 shares, the short-interest ratio is currently 0.6 days.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Jefferies Financial Group upgraded Johnson Matthey to a “strong-buy” rating in a research report on Thursday, October 9th. Zacks Research downgraded Johnson Matthey from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 6th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Johnson Matthey in a report on Tuesday, October 21st. One equities research analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Johnson Matthey Stock Up 0.3%

Shares of OTCMKTS:JMPLY traded up $0.19 during midday trading on Tuesday, hitting $58.63. The stock had a trading volume of 1,234 shares, compared to its average volume of 386. 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 business’s 50-day simple moving average is $55.34 and its 200-day simple moving average is $52.43. Johnson Matthey has a 12 month low of $29.01 and a 12 month high of $60.80.

Johnson Matthey Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, February 13th. Shareholders of record on Tuesday, December 2nd will be paid a $0.5561 dividend. The ex-dividend date is Monday, December 1st. This represents a yield of 394.0%.

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.