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Incitec Pivot's short interest surged 28.6%, while it raised its dividend by about 35%.
Incitec Pivot Limited (INCZY), which makes and sells industrial explosives, chemicals, and fertilizers, saw its short interest jump 28.6% to 6,300 shares by January 15th.
The company's stock traded at $1.98, down $0.06, with a days-to-cover ratio of 0.2 days.
Incitec Pivot recently increased its dividend to $0.0407 per share, up from $0.03, with a payout ratio of 50.34%.
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El corto interés de Incitec Pivot aumentó 28,6%, mientras que aumentó su dividendo en alrededor de 35%.