Onex Co. (OTCMKTS:ONEXF) Short Interest Up 33.1% in July

Onex Co. (OTCMKTS:ONEXF) was the target of a large increase in short interest in July. As of July 15th, there was short interest totalling 315,200 shares, an increase of 33.1% from the June 30th total of 236,800 shares. Based on an average daily volume of 25,900 shares, the short-interest ratio is presently 12.2 days.

Onex Stock Down 0.8 %

Shares of Onex stock traded down $0.57 on Monday, reaching $68.76. The company’s stock had a trading volume of 2,558 shares, compared to its average volume of 8,924. The company has a market capitalization of $5.33 billion, a price-to-earnings ratio of 7.02 and a beta of 1.55. The firm’s fifty day simple moving average is $70.09 and its two-hundred day simple moving average is $72.46. Onex has a 52 week low of $54.61 and a 52 week high of $79.40. The company has a quick ratio of 2.84, a current ratio of 2.84 and a debt-to-equity ratio of 0.01.

Onex (OTCMKTS:ONEXF) last posted its earnings results on Friday, May 10th. The company reported $0.13 EPS for the quarter. The business had revenue of $97.00 million during the quarter. Onex had a return on equity of 9.27% and a net margin of 66.29%.

Onex Cuts Dividend

The company also recently declared a dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Thursday, July 11th will be paid a $0.073 dividend. The ex-dividend date is Wednesday, July 10th. This represents a dividend yield of 0.43%. Onex’s dividend payout ratio (DPR) is currently 2.96%.

About Onex

Onex Corporation is a private equity firm specializing in acquisitions and platform acquisitions. The firm makes investments in buyouts, large- middle market, large-cap, mid-cap, and small-cap market and distressed companies. It also invests in recapitalization, growth capital, corporate carve-outs of subsidiaries and mission-critical supply divisions from multinational corporations, operational restructurings of undervalued businesses, and builds up.