Onex Co. (OTCMKTS:ONEXF) Short Interest Update

Onex Co. (OTCMKTS:ONEXF) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 565,100 shares, an increase of 22.2% from the February 13th total of 462,300 shares. Based on an average daily trading volume, of 19,400 shares, the days-to-cover ratio is currently 29.1 days. Approximately 0.8% of the company’s stock are sold short.

Onex Price Performance

OTCMKTS ONEXF remained flat at $68.37 on Wednesday. 8,609 shares of the company’s stock traded hands, compared to its average volume of 14,789. The firm has a market cap of $5.07 billion, a P/E ratio of 7.76 and a beta of 1.56. The firm has a fifty day simple moving average of $75.50 and a 200-day simple moving average of $74.99. The company has a current ratio of 2.86, a quick ratio of 2.86 and a debt-to-equity ratio of 0.01. Onex has a 12 month low of $61.24 and a 12 month high of $85.07.

Onex (OTCMKTS:ONEXF) last posted its earnings results on Friday, February 21st. The company reported ($0.02) earnings per share for the quarter. The business had revenue of $108.00 million for the quarter. Onex had a return on equity of 7.94% and a net margin of 68.14%.

Onex Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, January 31st. Stockholders of record on Monday, January 13th were issued a $0.0721 dividend. This represents a dividend yield of 0.37%. The ex-dividend date was Friday, January 10th. Onex’s payout ratio is 6.78%.

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.