Dominos Pizza UK (OTCMKTS:DPUKY) Short Interest Down 27.6% in September

Dominos Pizza UK (OTCMKTS:DPUKY) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 2,100 shares, a drop of 27.6% from the August 31st total of 2,900 shares. Based on an average daily volume of 30,500 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 30,500 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Peel Hunt raised shares of Dominos Pizza UK to a “strong-buy” rating in a research report on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Dominos Pizza UK Trading Down 1.1%

DPUKY stock opened at $5.25 on Thursday. Dominos Pizza UK has a 1 year low of $5.25 and a 1 year high of $8.91. The stock’s fifty day moving average is $5.59 and its two-hundred day moving average is $6.61.

Dominos Pizza UK announced that its Board of Directors has authorized a share repurchase plan on Monday, September 1st that authorizes the company to buyback 0 outstanding shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

Dominos Pizza UK Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, October 14th. Investors of record on Monday, August 18th will be paid a dividend of $0.0765 per share. This represents a dividend yield of 434.0%. The ex-dividend date is Friday, August 15th.

Dominos Pizza UK Company Profile

Domino’s Pizza Group plc owns, operates, and franchises Domino’s Pizza stores. It operates stores in the United Kingdom and the Republic of Ireland, as well as leases its stores. The company was formerly known as Domino’s Pizza UK & IRL plc and changed its name to Domino’s Pizza Group plc in May 2012.