Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN) Short Interest Update

Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN) was the recipient of a large drop in short interest in 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 shares of the stock are sold short. Based on an average daily volume of 17,924 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Financial Markets Trading Up 0.1%

Shares of NYSEAMERICAN:COHN traded up $0.01 during trading on Wednesday, reaching $13.59. The stock had a trading volume of 9,916 shares, compared to its average volume of 16,125. The business has a fifty day moving average price of $13.81 and a 200-day moving average price of $16.61. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.29. The stock has a market cap of $34.11 million, a P/E ratio of 2.57 and a beta of 1.13. Institutional Financial Markets has a fifty-two week low of $9.19 and a fifty-two week high of $32.60.

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

Institutional Financial Markets Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Monday, May 18th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, May 18th. This represents a $1.00 annualized dividend and a yield of 7.4%. Institutional Financial Markets’s dividend payout ratio is 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.