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Cowen Inc. – 7.75% Senior Notes (NASDAQ:COWNL) Short Interest Down 33.3% in January

kopsource ·  Jan 29, 2023 15:51

Cowen Inc. – 7.75% Senior Notes (NASDAQ:COWNL – Get Rating) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totalling 400 shares, a decline of 33.3% from the December 31st total of 600 shares. Based on an average daily trading volume, of 5,500 shares, the days-to-cover ratio is currently 0.1 days.

Cowen Inc. – 7.75% Senior Notes Price Performance

Shares of Cowen Inc. – 7.75% Senior Notes stock traded down $0.17 on Friday, reaching $25.24. 14,037 shares of the company were exchanged, compared to its average volume of 5,596. Cowen Inc. – 7.75% Senior Notes has a 1-year low of $24.31 and a 1-year high of $27.15.

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Cowen Inc. – 7.75% Senior Notes Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 15th. Stockholders of record on Wednesday, March 1st will be given a dividend of $0.4844 per share. This represents a $1.94 dividend on an annualized basis and a dividend yield of 7.68%. The ex-dividend date of this dividend is Tuesday, February 28th.

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