Johnson Matthey PLC (OTCMKTS:JMPLY) Sees Significant Increase in Short Interest

Johnson Matthey PLC (OTCMKTS:JMPLY) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 1,705 shares, a growth of 255.9% from the December 15th total of 479 shares. Based on an average daily trading volume, of 1,431 shares, the short-interest ratio is presently 1.2 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 1,431 shares, the short-interest ratio is presently 1.2 days.

Johnson Matthey Stock Up 0.5%

OTCMKTS:JMPLY opened at $63.63 on Thursday. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.65 and a quick ratio of 1.28. The business has a fifty day simple moving average of $56.31 and a two-hundred day simple moving average of $53.57. Johnson Matthey has a 1 year low of $29.01 and a 1 year high of $63.63.

Johnson Matthey Dividend Announcement

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

Wall Street Analyst Weigh In

A number of analysts recently commented on JMPLY shares. Zacks Research lowered Johnson Matthey from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 6th. Jefferies Financial Group raised Johnson Matthey to a “strong-buy” rating in a research report on Thursday, October 9th. Berenberg Bank upgraded Johnson Matthey from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 5th. Finally, Citigroup restated a “neutral” rating on shares of Johnson Matthey in a research report on Tuesday, October 21st. Two research analysts have rated the stock with a Strong Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average 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.