Short Interest in Umicore SA (OTCMKTS:UMICY) Decreases By 78.2%

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

Umicore Stock Performance

OTCMKTS:UMICY traded down $0.07 during trading hours on Friday, hitting $3.70. The company had a trading volume of 543,185 shares, compared to its average volume of 250,473. The stock has a 50-day moving average price of $4.88 and a 200 day moving average price of $5.47. Umicore has a 52 week low of $3.50 and a 52 week high of $7.76.

Umicore Increases Dividend

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

About Umicore

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.