Short Interest in Smiths Group plc (OTCMKTS:SMGZY) Grows By 45.4%

Smiths Group plc (OTCMKTS:SMGZY) was the recipient of a large growth in short interest in May. As of May 31st, there was short interest totalling 52,500 shares, a growth of 45.4% from the May 15th total of 36,100 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 22,100 shares, the days-to-cover ratio is currently 2.4 days.

Smiths Group Price Performance

Shares of OTCMKTS:SMGZY opened at $30.78 on Tuesday. The company’s 50-day moving average price is $27.28 and its two-hundred day moving average price is $25.24. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.07 and a quick ratio of 1.39. Smiths Group has a one year low of $19.34 and a one year high of $31.47.

Smiths Group Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, May 21st. Shareholders of record on Friday, April 4th were given a dividend of $0.1839 per share. The ex-dividend date was Friday, April 4th.

About Smiths Group

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.