Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN) Short Interest Update

Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN) was the recipient of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 13,660 shares, a decrease of 51.3% from the May 31st total of 28,077 shares. Based on an average daily volume of 17,924 shares, the short-interest ratio is presently 0.8 days. Currently, 1.9% of the shares of the stock are sold short.

Institutional Financial Markets Price Performance

NYSEAMERICAN:COHN traded down $0.32 during trading hours on Thursday, reaching $13.28. The company had a trading volume of 3,628 shares, compared to its average volume of 31,666. Institutional Financial Markets has a one year low of $9.19 and a one year high of $32.60. The firm has a market capitalization of $33.32 million, a PE ratio of 2.51 and a beta of 1.13. The stock has a 50-day moving average of $13.81 and a two-hundred day moving average of $16.61. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.29.

Institutional Financial Markets (NYSEAMERICAN:COHN) last announced its earnings results on Monday, May 4th. The financial services provider reported $0.42 earnings per share for the quarter. Institutional Financial Markets had a return on equity of 44.53% and a net margin of 5.12%.The company had revenue of $56.04 million during the quarter.

Institutional Financial Markets Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Monday, May 18th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 7.5%. The ex-dividend date of this dividend was Monday, May 18th. Institutional Financial Markets’s dividend payout ratio is 24.45%.

Institutional Financial Markets Company Profile

Cohen & Co, Inc engages in fixed income markets. It operates through the following segments: Capital Markets, Asset Management, and Principal Investing. The Capital Markets segment consists of fixed income sales, trading, matched book repo financing, and new issue placements in corporate and securitized products and advisory services, operating primarily through its subsidiaries. The Asset Management segment manages assets through investment vehicles, such as collateralized debt obligations, managed accounts, and investment funds.