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

by · The Markets Daily

Cohen & Company Inc. (NYSEAMERICAN:COHN – Get Free Report) was the recipient of a large decrease in short interest in September. As of September 30th, there was short interest totalling 15,000 shares, a decrease of 13.3% from the September 15th total of 17,300 shares. Based on an average daily volume of 8,200 shares, the days-to-cover ratio is currently 1.8 days. Currently, 1.3% of the company’s shares are sold short.

Institutional Investors Weigh In On Cohen & Company Inc.

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

Cohen & Company Inc. Stock Performance

Shares of NYSEAMERICAN:COHN traded up $0.04 during mid-day trading on Wednesday, hitting $8.60. 1,046 shares of the company traded hands, compared to its average volume of 10,530. The company has a market cap of $16.77 million, a P/E ratio of 3.43 and a beta of 1.21. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.98 and a current ratio of 0.98. Cohen & Company Inc. has a 52-week low of $5.62 and a 52-week high of $12.82.

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

Cohen & Company Inc. Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 5th. Shareholders of record on Thursday, August 22nd were paid a dividend of $0.25 per share. The ex-dividend date was Thursday, August 22nd. This represents a $1.00 dividend on an annualized basis and a yield of 11.63%. Cohen & Company Inc.’s dividend payout ratio (DPR) is 40.00%.

About Cohen & Company Inc.

(Get Free Report)

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.

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