Smiths Group plc (OTCMKTS:SMGZY) Short Interest Update

Smiths Group plc (OTCMKTS:SMGZY) was the recipient of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 59,900 shares, a growth of 14,875.0% from the October 31st total of 400 shares. Based on an average trading volume of 72,300 shares, the short-interest ratio is currently 0.8 days.

Analyst Ratings Changes

Several analysts recently weighed in on SMGZY shares. Berenberg Bank upgraded Smiths Group to a “hold” rating in a research note on Friday, August 23rd. Barclays upgraded Smiths Group to a “hold” rating in a research note on Monday, September 30th.

Smiths Group Stock Up 1.0 %

Shares of Smiths Group stock traded up $0.22 during midday trading on Wednesday, hitting $22.47. The company had a trading volume of 32,847 shares, compared to its average volume of 89,975. Smiths Group has a 52-week low of $19.34 and a 52-week high of $24.49. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.39 and a current ratio of 2.07. The company has a 50 day moving average of $21.55 and a 200 day moving average of $22.15.

Smiths Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, October 18th will be paid a dividend of $0.378 per share. This is a positive change from Smiths Group’s previous dividend of $0.16. The ex-dividend date is Friday, October 18th.

Smiths Group Company Profile

Smiths Group plc operates as a technology company in Americas, Europe, the Asia Pacific, and internationally. It operates through four divisions: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect. The John Crane division offers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems.