Short Interest in Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN) Rises By 52.3%

Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 16,300 shares, anincreaseof52.3% from the June 30th total of 10,700 shares. Based on an average daily volume of 7,000 shares, the short-interest ratio is currently 2.3 days. Based on an average daily volume of 7,000 shares, the short-interest ratio is currently 2.3 days.

Institutional Financial Markets Price Performance

COHN stock opened at $11.44 on Friday. Institutional Financial Markets has a 12 month low of $6.10 and a 12 month high of $13.25. The firm has a market capitalization of $23.34 million, a price-to-earnings ratio of 10.40 and a beta of 1.20. The company’s 50 day simple moving average is $10.03. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.35.

Institutional Financial Markets Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Investors of record on Friday, August 15th will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 8.7%. Institutional Financial Markets’s dividend payout ratio (DPR) is presently 24.45%.

Insider Buying and Selling

In other news, major shareholder Circle 1 Sponsor Corp Columbus bought 265,000 shares of the firm’s stock in a transaction on Monday, May 19th. The stock was purchased at an average price of $10.00 per share, for a total transaction of $2,650,000.00. Following the transaction, the insider owned 8,598,333 shares in the company, valued at approximately $85,983,330. This trade represents a 3.18% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 76.15% of the company’s stock.

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.