Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN) Short Interest Down 51.3% in June

Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 13,660 shares, a drop of 51.3% from the May 31st total of 28,077 shares. Currently, 1.9% of the company’s shares are sold short. Based on an average daily volume of 17,924 shares, the short-interest ratio is presently 0.8 days.

Institutional Financial Markets Trading Down 0.2%

Shares of NYSEAMERICAN COHN traded down $0.03 during midday trading on Tuesday, hitting $13.07. The company’s stock had a trading volume of 2,748 shares, compared to its average volume of 32,022. Institutional Financial Markets has a 12-month low of $9.19 and a 12-month high of $32.60. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.29. The firm has a market cap of $32.81 million, a P/E ratio of 2.47 and a beta of 1.16. The business’s 50 day moving average is $14.20 and its two-hundred day moving average is $16.70.

Institutional Financial Markets (NYSEAMERICAN:COHN) last released its earnings results on Monday, May 4th. The financial services provider reported $0.42 earnings per share for the quarter. The business had revenue of $56.04 million for the quarter. Institutional Financial Markets had a return on equity of 44.53% and a net margin of 5.12%.

Institutional Financial Markets Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Monday, May 18th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 7.7%. The ex-dividend date was Monday, May 18th. Institutional Financial Markets’s dividend payout ratio is currently 24.45%.

Institutional Financial Markets Company Profile

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. The Asset Management segment manages assets through investment vehicles, such as collateralized debt obligations, managed accounts, and investment funds.