Short Interest in Jardine Matheson Holdings Ltd. (OTCMKTS:JMHLY) Grows By 109.5%

by · The Markets Daily

Jardine Matheson Holdings Ltd. (OTCMKTS:JMHLY – Get Free Report) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totaling 11,434 shares, a growth of 109.5% from the November 30th total of 5,458 shares. Based on an average trading volume of 14,795 shares, the short-interest ratio is currently 0.8 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 14,795 shares, the short-interest ratio is currently 0.8 days.

Jardine Matheson Stock Performance

Shares of Jardine Matheson stock traded down $2.36 on Friday, hitting $66.58. 7,780 shares of the company were exchanged, compared to its average volume of 7,813. The company has a current ratio of 1.24, a quick ratio of 1.03 and a debt-to-equity ratio of 0.22. The company has a 50-day moving average price of $64.89 and a 200 day moving average price of $59.01. Jardine Matheson has a 1-year low of $35.25 and a 1-year high of $69.99.

Wall Street Analysts Forecast Growth

Separately, Macquarie upgraded shares of Jardine Matheson from a “hold” rating to a “strong-buy” rating in a report on Monday, September 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat, Jardine Matheson has a consensus rating of “Strong Buy”.

Get Our Latest Report on JMHLY

Jardine Matheson Company Profile

(Get Free Report)

Jardine Matheson Holdings Limited is a Bermuda-registered investment holding company with a primary listing on the Hong Kong Stock Exchange and American depositary shares trading on the OTC Markets under the symbol JMHLY. Established in 1832 by William Jardine and James Matheson, the group has evolved from a trading house in Canton to a diversified conglomerate with operations throughout Asia.

The company holds controlling interests in a portfolio of businesses spanning property, retail, hospitality, automotive, and engineering.

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