Basf Se (OTCMKTS:BASFY) Short Interest Update

Basf Se (OTCMKTS:BASFY) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 52,600 shares, a growth of 182.8% from the March 31st total of 18,600 shares. Based on an average daily volume of 325,100 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Ratings Changes

BASFY has been the subject of a number of recent analyst reports. BNP Paribas reissued an “underperform” rating on shares of Basf in a research report on Monday, April 15th. Redburn Atlantic raised Basf from a “neutral” rating to a “buy” rating in a research report on Tuesday, April 9th. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold”.

Basf Stock Up 2.1 %

Shares of BASFY traded up $0.27 during midday trading on Friday, hitting $13.05. The company had a trading volume of 124,574 shares, compared to its average volume of 147,561. The company’s 50-day simple moving average is $13.61 and its 200-day simple moving average is $12.60. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.11 and a current ratio of 1.98. The firm has a market capitalization of $47.21 billion, a P/E ratio of 19.54, a P/E/G ratio of 1.10 and a beta of 1.30. Basf has a 1 year low of $10.66 and a 1 year high of $14.89.

Basf (OTCMKTS:BASFY) last announced its quarterly earnings data on Friday, February 23rd. The basic materials company reported ($0.05) earnings per share (EPS) for the quarter. The company had revenue of $17.09 billion during the quarter. Basf had a net margin of 0.07% and a return on equity of 5.84%. As a group, sell-side analysts expect that Basf will post 0.87 EPS for the current year.

Basf Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 10th. Investors of record on Monday, April 29th will be paid a dividend of $0.6594 per share. This is a boost from Basf’s previous dividend of $0.64. The ex-dividend date is Friday, April 26th. Basf’s payout ratio is presently 6,700.00%.

About Basf

BASF SE operates as a chemical company worldwide. It operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The Chemicals segment provides petrochemicals and intermediates. The Materials segment offers advanced materials and their precursors for applications and systems comprising isocyanates, polyamides, and inorganic basic products, as well as specialties for plastics and plastics processing industries.