Umicore SA (OTCMKTS:UMICY – Get Free Report) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totalling 22,400 shares, a decline of 51.2% from the August 15th total of 45,900 shares. Based on an average trading volume of 329,500 shares, the days-to-cover ratio is presently 0.1 days.
Umicore Trading Down 0.8 %
UMICY traded down $0.05 during trading on Thursday, reaching $6.12. 107,494 shares of the company’s stock were exchanged, compared to its average volume of 81,138. Umicore has a one year low of $6.10 and a one year high of $9.71. The firm has a fifty day moving average price of $6.92 and a two-hundred day moving average price of $7.47.
Umicore Cuts Dividend
The business also recently disclosed a dividend, which was paid on Wednesday, September 6th. Stockholders of record on Monday, August 21st were given a dividend of $0.0425 per share. The ex-dividend date was Friday, August 18th. Umicore’s dividend payout ratio (DPR) is 40.18%.
Umicore SA operates as a materials technology and recycling company worldwide. It operates through Catalysis, Energy & Surface Technologies, and Recycling segments. The Catalysis segment produces automotive catalysts for gasoline, and diesel light and heavy-duty diesel applications; stationary catalysis for industrial emissions control; and precious metals-based compounds and catalysts for use in the pharmaceutical and fine chemicals industries, as well as fuel cell applications.
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