Cohen & Company Inc. (NYSEAMERICAN:COHN) Sees Large Decline in Short Interest

Cohen & Company Inc. (NYSEAMERICAN:COHN) was the target of a significant decline in short interest in March. As of March 15th, there was short interest totalling 6,200 shares, a decline of 16.2% from the February 28th total of 7,400 shares. Based on an average trading volume of 6,700 shares, the short-interest ratio is presently 0.9 days. Currently, 0.5% of the shares of the company are sold short.

Cohen & Company Inc. Price Performance

NYSEAMERICAN COHN traded down $0.10 during trading hours on Wednesday, reaching $8.10. The company’s stock had a trading volume of 985 shares, compared to its average volume of 11,499. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.35. Cohen & Company Inc. has a fifty-two week low of $6.10 and a fifty-two week high of $12.82. The stock has a market cap of $15.80 million, a price-to-earnings ratio of 1.98 and a beta of 1.25.

Cohen & Company Inc. Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, March 26th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 12.35%. The ex-dividend date of this dividend is Wednesday, March 26th. Cohen & Company Inc.’s payout ratio is currently 24.45%.

About Cohen & Company Inc.

Cohen & Co, Inc engages in fixed income markets. It operates through the following segments: Capital Markets, Asset Management, and Principal Investing. The Capital Markets segment consists of fixed income sales, trading, matched book repo financing, and new issue placements in corporate and securitized products and advisory services, operating primarily through its subsidiaries.