Short Interest in Halma plc (OTCMKTS:HLMAF) Declines By 11.2%

Halma plc (OTCMKTS:HLMAF) was the recipient of a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 79,600 shares, a drop of 11.2% from the November 15th total of 89,600 shares. Based on an average trading volume of 2,400 shares, the days-to-cover ratio is currently 33.2 days.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on HLMAF. Citigroup raised Halma to a “hold” rating in a research note on Thursday, November 28th. Redburn Atlantic upgraded Halma to a “strong-buy” rating in a report on Monday, November 4th.

Halma Stock Down 2.2 %

Shares of OTCMKTS HLMAF opened at $34.49 on Tuesday. The company has a fifty day moving average price of $33.17 and a 200 day moving average price of $33.26. The company has a quick ratio of 1.63, a current ratio of 2.45 and a debt-to-equity ratio of 0.41. Halma has a 1-year low of $26.82 and a 1-year high of $36.21.

Halma Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, December 20th will be given a dividend of $9.00 per share. The ex-dividend date is Thursday, December 19th. This represents a dividend yield of 0.82%.

About Halma

Halma plc, together its subsidiaries, provides technology solutions in the safety, health, and environmental markets in the United States, Mainland Europe, the United Kingdom, the Asia Pacific, Africa, the Middle East, and internationally. It operates through three segments: Safety, Environmental & Analysis, and Medical.