Johnson Matthey PLC (OTCMKTS:JMPLY) Short Interest Up 336.7% in April

Johnson Matthey PLC (OTCMKTS:JMPLY) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 2,096 shares, an increase of 336.7% from the April 15th total of 480 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 739 shares, the days-to-cover ratio is currently 2.8 days.

Johnson Matthey Stock Performance

Shares of Johnson Matthey stock remained flat at $58.35 during trading on Thursday. The company had a trading volume of 276 shares, compared to its average volume of 456. The stock has a 50 day moving average of $53.24 and a 200-day moving average of $56.52. The company has a quick ratio of 1.28, a current ratio of 1.65 and a debt-to-equity ratio of 0.63. Johnson Matthey has a fifty-two week low of $35.73 and a fifty-two week high of $65.70.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Johnson Matthey in a report on Wednesday, January 21st. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Johnson Matthey Company Profile

Johnson Matthey plc is a UK-based specialty chemicals and sustainable technologies company with a history dating back to 1817. As a public limited company headquartered in London, it has built a global reputation for expertise in platinum group metals (PGMs) and advanced catalytic materials. The company has evolved from its origins in precious metals refining into diversified segments focused on environmental and energy solutions.

The company’s principal business activities encompass the development and manufacture of emission control catalysts for the automotive and industrial sectors, alongside process technologies for chemical production and refining.