Umicore SA (OTCMKTS:UMICY) Short Interest Down 96.8% in September

Umicore SA (OTCMKTS:UMICYGet Free Report) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totalling 200 shares, a drop of 96.8% from the August 31st total of 6,200 shares. Based on an average daily volume of 909,500 shares, the days-to-cover ratio is presently 0.0 days.

Umicore Trading Up 4.7 %

Shares of OTCMKTS:UMICY opened at $3.13 on Friday. The stock has a 50-day simple moving average of $3.13 and a 200-day simple moving average of $4.30. Umicore has a 1 year low of $2.60 and a 1 year high of $6.90.

Umicore Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, August 20th were given a $0.042 dividend. The ex-dividend date of this dividend was Tuesday, August 20th. Umicore’s payout ratio is currently 40.18%.

About Umicore

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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.

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