Cohen & Company Inc. (NYSEAMERICAN:COHN) Short Interest Update

Cohen & Company Inc. (NYSEAMERICAN:COHN) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totalling 15,000 shares, a decline of 13.3% from the September 15th total of 17,300 shares. Approximately 1.3% of the company’s shares are sold short. Based on an average trading volume of 8,200 shares, the days-to-cover ratio is currently 1.8 days.

Cohen & Company Inc. Price Performance

Shares of NYSEAMERICAN:COHN traded up $0.02 during trading on Wednesday, hitting $8.58. The company had a trading volume of 1,042 shares, compared to its average volume of 10,530. The firm has a market capitalization of $16.73 million, a price-to-earnings ratio of 3.43 and a beta of 1.21. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.98 and a quick ratio of 0.98. Cohen & Company Inc. has a one year low of $5.62 and a one year high of $12.82.

Cohen & Company Inc. (NYSEAMERICAN:COHN) last issued its quarterly earnings results on Monday, August 5th. The financial services provider reported ($1.51) earnings per share (EPS) for the quarter. Cohen & Company Inc. had a negative return on equity of 1.98% and a net margin of 4.69%. The company had revenue of $10.80 million during the quarter.

Cohen & Company Inc. Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 5th. Investors of record on Thursday, August 22nd were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 11.66%. The ex-dividend date was Thursday, August 22nd. Cohen & Company Inc.’s dividend payout ratio (DPR) is currently 40.00%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Cohen & Company Inc. stock. Renaissance Technologies LLC acquired a new position in Cohen & Company Inc. (NYSEAMERICAN:COHN) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 15,300 shares of the financial services provider’s stock, valued at approximately $136,000. Renaissance Technologies LLC owned approximately 0.79% of Cohen & Company Inc. as of its most recent SEC filing. Hedge funds and other institutional investors own 14.26% of the company’s stock.

Cohen & Company Inc. Company Profile

Cohen & Company Inc is a publicly owned investment manager. The firm primarily provides its services to individuals and institutions. It manages separate client-focused fixed income portfolios. Institutional Financial Markets, Inc also manages funds and collateralized debt obligations for its clients.