Incitec Pivot Limited (OTCMKTS:INCZY – Get Free Report) saw a large growth in short interest in June. As of June 30th, there was short interest totalling 5,800 shares, a growth of 346.2% from the June 15th total of 1,300 shares. Based on an average trading volume of 42,300 shares, the days-to-cover ratio is presently 0.1 days.
Incitec Pivot Stock Performance
Incitec Pivot stock remained flat at $2.05 during midday trading on Thursday. 66 shares of the company traded hands, compared to its average volume of 13,667. The stock has a 50-day moving average of $1.95 and a two-hundred day moving average of $1.86. Incitec Pivot has a one year low of $1.53 and a one year high of $2.10.
Incitec Pivot Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Monday, July 15th. Shareholders of record on Monday, June 17th will be issued a dividend of $0.0252 per share. This represents a yield of 9.87%. The ex-dividend date of this dividend is Friday, June 14th. Incitec Pivot’s dividend payout ratio (DPR) is currently 50.34%.
Incitec Pivot Company Profile
Incitec Pivot Limited, together with its subsidiaries, manufactures and distributes industrial explosives, industrial chemicals, and fertilizers in Australia, the United States, the Asia Pacific, Turkey, France, and internationally. It offers ammonium nitrate, nitrogen-based fertilizer, ammonia, di/mono-ammonium phosphate, and single super phosphate.
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