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

Experian plc (OTCMKTS:EXPGF) was the target of a large 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 short-interest ratio is presently 35.1 days.

Experian Trading Down 3.3 %

Shares of Experian stock traded down $1.56 on Friday, hitting $45.48. 5,718 shares of the company were exchanged, compared to its average volume of 1,234. The company has a 50-day moving average price of $45.05 and a 200 day moving average price of $42.85. Experian has a 1-year low of $28.95 and a 1-year high of $48.00.

Experian Increases Dividend

The business also recently announced 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. This is a boost from Experian’s previous dividend of $0.18. The ex-dividend date of this dividend is Wednesday, June 19th. Experian’s 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.