Umicore SA (OTCMKTS:UMICY) Sees Significant Decline in Short Interest

Umicore SA (OTCMKTS:UMICYGet Free Report) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totalling 2,600 shares, a drop of 78.2% from the May 31st total of 11,900 shares. Based on an average daily volume of 678,100 shares, the short-interest ratio is presently 0.0 days.

Umicore Stock Up 0.5 %

UMICY stock traded up $0.02 during trading hours on Thursday, hitting $3.77. 293,220 shares of the stock were exchanged, compared to its average volume of 248,094. Umicore has a 12 month low of $3.50 and a 12 month high of $7.76. The company has a 50-day simple moving average of $4.95 and a two-hundred day simple moving average of $5.50.

Umicore Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, May 17th. Investors of record on Tuesday, April 30th were paid a $0.0909 dividend. The ex-dividend date was Monday, April 29th. This is an increase from Umicore’s previous dividend of $0.04. Umicore’s dividend payout ratio is 40.18%.

Umicore Company Profile

(Get Free Report)

Umicore SA operates as a materials technology and recycling company in Belgium, rest of Europe, the Asia-Pacific, North America, South America, and Africa. It operates through Catalysis, Energy & Surface Technologies, and Recycling segments. The Catalysis segment provides automotive catalysts for gasoline, and diesel light and heavy-duty diesel applications, including on-road and non-road vehicles; stationary catalysis for industrial emissions control; and produces 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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