Short Interest in Informa plc (OTCMKTS:IFJPY) Decreases By 20.8%

Informa plc (OTCMKTS:IFJPY) saw a large drop in short interest during the month of July. As of July 15th, there was short interest totalling 1,900 shares, a drop of 20.8% from the June 30th total of 2,400 shares. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is currently 1.7 days.

Informa Trading Down 0.6 %

Shares of IFJPY stock traded down $0.13 during midday trading on Tuesday, hitting $22.34. The company had a trading volume of 770 shares, compared to its average volume of 3,783. The company’s 50 day simple moving average is $21.77 and its 200 day simple moving average is $20.84. Informa has a 52-week low of $16.67 and a 52-week high of $22.75.

Informa Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, August 9th will be issued a $0.1448 dividend. The ex-dividend date of this dividend is Friday, August 9th. Informa’s dividend payout ratio is currently 82.47%.

Informa Company Profile

Informa plc operates as an international events, digital services, and academic research company in the United Kingdom, Continental Europe, the United States, China, and internationally. It operates through four segments: Informa Markets, Informa Tech, Informa Connect, and Taylor & Francis. The Informa Connect segment delivers digital content, and live events and on-demand experiences for professionals through in-person, live, and online platforms that enables businesses and professionals to meet, network, discuss, and learn.