Hikma Pharmaceuticals PLC (OTCMKTS:HKMPY – Get Free Report) was the target of a significant drop in short interest in March. As of March 15th, there was short interest totalling 200 shares, a drop of 80.0% from the February 28th total of 1,000 shares. Based on an average daily trading volume, of 1,300 shares, the days-to-cover ratio is presently 0.2 days.
Hikma Pharmaceuticals Trading Up 0.8 %
Shares of HKMPY traded up $0.44 during mid-day trading on Thursday, reaching $52.07. The company had a trading volume of 321 shares, compared to its average volume of 909. The company’s 50 day simple moving average is $55.23 and its 200 day simple moving average is $51.63. Hikma Pharmaceuticals has a 1-year low of $46.16 and a 1-year high of $59.26.
Hikma Pharmaceuticals Increases Dividend
The business also recently declared a dividend, which will be paid on Monday, May 12th. Stockholders of record on Friday, March 21st will be issued a dividend of $0.94 per share. The ex-dividend date of this dividend is Friday, March 21st. This is an increase from Hikma Pharmaceuticals’s previous dividend of $0.62. Hikma Pharmaceuticals’s dividend payout ratio is 10.34%.
Hikma Pharmaceuticals Company Profile
Hikma Pharmaceuticals PLC develops, manufactures, markets, and sells a range of generic, branded, and in-licensed pharmaceutical products. It operates through three segments: Injectables, Generics, and Branded. The Injectables segment provides generic injectable products primarily for use in hospitals.
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