Short Interest in Onex Co. (OTCMKTS:ONEXF) Expands By 22.2%

Onex Co. (OTCMKTS:ONEXF) was the target of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 565,100 shares, an increase of 22.2% from the February 13th total of 462,300 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average trading volume of 19,400 shares, the short-interest ratio is presently 29.1 days.

Onex Stock Performance

ONEXF opened at $68.37 on Thursday. Onex has a twelve month low of $61.24 and a twelve month high of $85.07. The stock has a market cap of $5.07 billion, a PE ratio of 7.76 and a beta of 1.56. The business’s 50 day moving average is $75.26 and its 200-day moving average is $74.94. The company has a current ratio of 2.86, a quick ratio of 2.86 and a debt-to-equity ratio of 0.01.

Onex (OTCMKTS:ONEXF) last announced its earnings results on Friday, February 21st. The company reported ($0.02) earnings per share (EPS) for the quarter. The company had revenue of $108.00 million during the quarter. Onex had a net margin of 68.14% and a return on equity of 7.94%.

Onex Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, January 31st. Shareholders of record on Monday, January 13th were issued a $0.0721 dividend. This represents a yield of 0.37%. The ex-dividend date of this dividend was Friday, January 10th. Onex’s payout ratio is 6.78%.

Onex Company Profile

Onex Corporation is a private equity firm specializing in acquisitions and platform acquisitions. The firm makes investments in buyouts, large- middle market, large-cap, mid-cap, and small-cap market and distressed companies. It also invests in recapitalization, growth capital, corporate carve-outs of subsidiaries and mission-critical supply divisions from multinational corporations, operational restructurings of undervalued businesses, and builds up.