Incitec Pivot Limited (OTCMKTS:INCZY) Short Interest Update

Incitec Pivot Limited (OTCMKTS:INCZY) was the recipient of a significant growth in short interest in November. As of November 15th, there was short interest totalling 3,800 shares, a growth of 660.0% from the October 31st total of 500 shares. Based on an average trading volume of 10,300 shares, the days-to-cover ratio is currently 0.4 days.

Incitec Pivot Trading Down 1.1 %

Shares of OTCMKTS:INCZY traded down $0.02 on Wednesday, reaching $2.07. The company had a trading volume of 6,908 shares, compared to its average volume of 11,718. Incitec Pivot has a 52-week low of $1.53 and a 52-week high of $2.30. The firm’s 50 day simple moving average is $2.07 and its 200-day simple moving average is $2.01.

Incitec Pivot Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, December 30th. Stockholders of record on Wednesday, December 4th will be given a dividend of $0.0407 per share. This is a positive change from Incitec Pivot’s previous dividend of $0.03. The ex-dividend date is Wednesday, December 4th. Incitec Pivot’s payout ratio is presently 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.