Cohen & Company Inc. (NYSEAMERICAN:COHN) Short Interest Update

Cohen & Company Inc. (NYSEAMERICAN:COHN) was the target of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 13,800 shares, an increase of 11.3% from the October 15th total of 12,400 shares. Currently, 1.2% of the company’s shares are short sold. Based on an average daily volume of 12,500 shares, the short-interest ratio is currently 1.1 days.

Cohen & Company Inc. Stock Performance

Cohen & Company Inc. stock traded up $0.21 during mid-day trading on Monday, hitting $9.91. 17,000 shares of the company were exchanged, compared to its average volume of 11,822. The company has a market capitalization of $19.32 million, a price-to-earnings ratio of 2.42 and a beta of 1.22. Cohen & Company Inc. has a 12-month low of $6.04 and a 12-month high of $12.82. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.01 and a current ratio of 1.01.

Cohen & Company Inc. Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Wednesday, November 20th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 10.09%. The ex-dividend date of this dividend is Wednesday, November 20th. Cohen & Company Inc.’s dividend payout ratio is 24.45%.

Hedge Funds Weigh In On Cohen & Company Inc.

An institutional investor recently bought a new position in Cohen & Company Inc. stock. Renaissance Technologies LLC bought a new position in Cohen & Company Inc. (NYSEAMERICAN:COHN) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 15,300 shares of the financial services provider’s stock, valued at approximately $136,000. Renaissance Technologies LLC owned approximately 0.79% of Cohen & Company Inc. at the end of the most recent reporting period. Institutional investors and hedge funds own 14.26% of the company’s stock.

Cohen & Company Inc. Company Profile

Cohen & Company Inc is a publicly owned investment manager. The firm primarily provides its services to individuals and institutions. It manages separate client-focused fixed income portfolios. Institutional Financial Markets, Inc also manages funds and collateralized debt obligations for its clients.