NACCO Industries, Inc. (NYSE:NC) Short Interest Up 31.0% in February

NACCO Industries, Inc. (NYSE:NC) saw a large growth in short interest in February. As of February 15th, there was short interest totalling 22,400 shares, a growth of 31.0% from the January 31st total of 17,100 shares. Based on an average daily volume of 10,100 shares, the short-interest ratio is currently 2.2 days. Approximately 0.8% of the company’s stock are short sold.

NACCO Industries Stock Up 2.6 %

NYSE NC traded up $0.83 during trading on Tuesday, reaching $32.94. The company’s stock had a trading volume of 10,102 shares, compared to its average volume of 15,061. The company has a current ratio of 3.76, a quick ratio of 2.39 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $240.33 million, a PE ratio of -14.20 and a beta of 0.94. NACCO Industries has a 1-year low of $25.19 and a 1-year high of $34.74. The business has a 50-day moving average price of $31.29 and a 200-day moving average price of $29.68.

NACCO Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be paid a $0.2275 dividend. This represents a $0.91 annualized dividend and a dividend yield of 2.76%. The ex-dividend date of this dividend is Monday, March 3rd. NACCO Industries’s payout ratio is presently -39.22%.

Institutional Investors Weigh In On NACCO Industries

A number of large investors have recently bought and sold shares of NC. Barclays PLC raised its holdings in NACCO Industries by 365.4% during the third quarter. Barclays PLC now owns 7,004 shares of the company’s stock valued at $199,000 after buying an additional 5,499 shares in the last quarter. State Street Corp increased its holdings in shares of NACCO Industries by 1.0% during the 3rd quarter. State Street Corp now owns 78,276 shares of the company’s stock valued at $2,219,000 after acquiring an additional 763 shares during the last quarter. Empowered Funds LLC raised its stake in shares of NACCO Industries by 4.9% in the 4th quarter. Empowered Funds LLC now owns 36,444 shares of the company’s stock valued at $1,087,000 after acquiring an additional 1,716 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in NACCO Industries by 77.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 8,263 shares of the company’s stock worth $234,000 after purchasing an additional 3,615 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its position in NACCO Industries by 232.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,225 shares of the company’s stock worth $37,000 after purchasing an additional 857 shares during the period. 49.10% of the stock is currently owned by institutional investors.

About NACCO Industries

NACCO Industries, Inc, together with its subsidiaries, engages in the natural resources business. The company operates through three segments: Coal Mining, North American Mining, and Minerals Management. The Coal Mining segment operates surface coal mines under long-term contracts with power generation companies.