Short Interest in Experian plc (OTCMKTS:EXPGY) Drops By 67.6%

Experian plc (OTCMKTS:EXPGY) was the recipient of a significant drop in short interest in July. As of July 31st, there was short interest totalling 4,400 shares, a drop of 67.6% from the July 15th total of 13,600 shares. Based on an average daily volume of 121,000 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Wolfe Research began coverage on Experian in a research note on Tuesday, July 9th. They set a “peer perform” rating on the stock.

Experian Stock Performance

Shares of EXPGY stock traded up $0.06 during mid-day trading on Thursday, reaching $46.09. 32,785 shares of the stock traded hands, compared to its average volume of 75,701. The stock’s fifty day simple moving average is $46.23 and its two-hundred day simple moving average is $44.21. Experian has a 1-year low of $28.80 and a 1-year high of $48.61. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.70 and a current ratio of 0.70.

Experian Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, July 19th. Stockholders of record on Friday, June 21st were given a dividend of $0.38 per share. This is an increase from Experian’s previous dividend of $0.17. The ex-dividend date was Friday, June 21st.

About Experian

Experian plc, together with its subsidiaries, operates as a technology company in North America, Latin America, the United Kingdom, Ireland, Europe, the Middle East, Africa, and the Asia Pacific. It operates in two segments, Business-to-Business and Consumer Services. The company collects, sorts, aggregates, and transforms data from various sources to provide a range of data-driven services.