Experian plc (OTCMKTS:EXPGF) Sees Large Drop in Short Interest

Experian plc (OTCMKTS:EXPGF) saw a significant decline in short interest during the month of June. As of June 15th, there was short interest totalling 28,100 shares, a decline of 33.6% from the May 31st total of 42,300 shares. Based on an average daily volume of 800 shares, the days-to-cover ratio is currently 35.1 days.

Experian Stock Performance

EXPGF traded down $1.56 during trading on Monday, reaching $45.48. 5,700 shares of the stock traded hands, compared to its average volume of 1,233. The stock’s 50-day moving average is $45.05 and its 200 day moving average is $42.85. Experian has a 12 month low of $28.95 and a 12 month high of $48.00.

Experian Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, July 19th. Stockholders of record on Friday, June 21st will be issued a dividend of $0.405 per share. The ex-dividend date of this dividend is Wednesday, June 19th. This is a positive change from Experian’s previous dividend of $0.18. Experian’s dividend payout ratio is currently 44.91%.

Experian Company Profile

Experian plc, together with its subsidiaries, operates as a technology company in North America, Latin America, the United Kingdom, Ireland, Europe, the Middle East, Africa, and the Asia Pacific. It operates in two segments, Business-to-Business and Consumer Services. The company collects, sorts, aggregates, and transforms data from various sources to provide a range of data-driven services.