Umicore SA (OTCMKTS:UMICY) Short Interest Down 59.5% in April

Umicore SA (OTCMKTS:UMICY) saw a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 22,500 shares, a drop of 59.5% from the March 31st total of 55,600 shares. Based on an average daily volume of 462,500 shares, the days-to-cover ratio is currently 0.0 days.

Umicore Stock Performance

OTCMKTS:UMICY traded up $0.06 during midday trading on Friday, reaching $5.67. The stock had a trading volume of 147,460 shares, compared to its average volume of 221,701. The firm has a fifty day simple moving average of $5.49 and a two-hundred day simple moving average of $5.91. Umicore has a 12-month low of $5.11 and a 12-month high of $8.31.

Umicore Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 17th. Investors of record on Tuesday, April 30th will be given a $0.0909 dividend. The ex-dividend date is Monday, April 29th. This is an increase from Umicore’s previous dividend of $0.04. Umicore’s dividend payout ratio (DPR) is presently 40.18%.

Umicore Company Profile

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.