Short Interest in Incitec Pivot Limited (OTCMKTS:INCZY) Decreases By 68.3%

Incitec Pivot Limited (OTCMKTS:INCZY) saw a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 2,000 shares, a decline of 68.3% from the January 15th total of 6,300 shares. Based on an average trading volume of 25,200 shares, the short-interest ratio is currently 0.1 days.

Incitec Pivot Trading Down 8.1 %

INCZY stock traded down $0.16 during trading on Wednesday, hitting $1.83. 5,016 shares of the company traded hands, compared to its average volume of 12,904. The company has a 50-day moving average of $1.96 and a 200-day moving average of $2.01. Incitec Pivot has a 1 year low of $1.53 and a 1 year high of $2.30.

Incitec Pivot Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 30th. Stockholders of record on Wednesday, December 4th were paid a dividend of $0.0407 per share. The ex-dividend date of this dividend was Wednesday, December 4th. This is a positive change from Incitec Pivot’s previous dividend of $0.03. Incitec Pivot’s dividend payout ratio is 50.34%.

Incitec Pivot Company Profile

Incitec Pivot Limited, together with its subsidiaries, manufactures and distributes industrial explosives, industrial chemicals, and fertilizers in Australia, the United States, the Asia Pacific, Turkey, France, and internationally. It offers ammonium nitrate, nitrogen-based fertilizer, ammonia, di/mono-ammonium phosphate, and single super phosphate.